The scheme features interest payable at the contracted rate after every three months on your fixed deposit which might help you to meet your daily expenses. On maturity principal amount will be paid or renewed, as interest is already been credited to your account. 

1.  Period of deposit:

Minimum 1 year maximum 10 years

2.  Interest Payment: 

Quarterly interest by credit to account/pay order

3. Maximum amount on deposit: 

No limit

4. Premature Withdrawal: 

Allowed with 1% penal interest for the tenure of deposit as on the date of deposit

5. Additional benefits for Senior citizens: 0.10%

6.​​​​​​ Benefits: 

Loan against TDR, Nomination Facility, Insurance coverage upto 5 lakh per customer

TDS

• The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• ​​​​​15G/15H is required to be submitted for exemption of TDS

The scheme features interest payable at the contracted rate every month on your fixed deposit which might help you to meet your daily expenses. On maturity principal amount will be paid or renewed, as interest is already been credited to your account every month.

1. Period of deposit: 

Minimum 1 year maximum 10 years.

2. Interest Payment: 

Monthly interest by credit to account/pay order.

3. Maximum amount on deposit: No limit

4. Premature Withdrawal: 

Allowed with 1% penal interest for the tenure of deposit as on the date of deposit.

5. Additional benefits for Senior citizens:0.10%

6. Benefits: 

Loan against TDR, Nomination Facility, Insurance coverage upto 5 lakh per customer

TDS

• The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• 15G/15H is required to be submitted for exemption of TDS

In this scheme, regular interest is added to the principal and compound interest is calculated and paid at the time of maturity of your deposit. The scheme is beneficial when amount kept for long term or renewed regularly which will help you at sudden when you are in need.

1. Period of deposit: 

Minimum 1 year maximum 10 years.

2. Interest Payment: 

Quarterly compounded interest payable on maturity.

3. Maximum amount on deposit: No limit

4. Premature Withdrawal: 

Allowed with 1% penal interest for the tenure of deposit as on the date of deposit.

5.  Additional benefits for Senior citizens: 0.10%

6. Benefits:

Loan against TDR, Nomination Facility, Insurance coverage upto 5 lakh per customer

TDS

• ​​​​​The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• 15G/15H is required to be submitted for exemption of TDS

Choose our Tax Saver scheme to invest lump sum and enjoy tax benefit with earning interest quarterly or on maturity. You can invest at fullest of your ceilings of investment to take benefit of tax rebates. The scheme is for longer duration, so you can have interest during or after maturity.

1. Period of deposit: 

Fixed Period Of 60 Months.

2. Interest Payment: 

Quarterly compounded interest payable on maturity or Quarterly Interest

3. Maximum amount on deposit: ₹ 1,50,000/-

4. Minimum amount on deposit: ₹ 5,000/-

5. Lock-in Period: 

60 months

6. Additional benifitis for Senior citizens: 

Not Applicable

7. Benifitis: 

Nomination Facility, Insurance coverage upto 5 lakh per customer

TDS

• The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• 15G/15H is required to be submitted for exemption of TDS