The account which is opened for a particular fixed period (time) by depositing particular fixed period (time) by depositing particular amount (money) is known as "Fixed (Term) Deposit Account". The term "fixed deposit" means that the deposit is fixed and is repayable only after a specific period is over Under fixed deposit account, money is deposited for a fixed period say six months, one year, five years or even ten years. The money deposited in this account cannot be withdrawn before the expiry of period.
Facility to get quarterly or monthly interest credit to own account with our bank or get direct credit to Accounts with other Banks by NEFT for the entire tenure of deposit.
Get 0.50 % More Interest Rate for Senior Citizen
In this scheme Customer will get interest Re-Invested on Deposit Amount.