Term Deposits can be opened by individuals in his/her own name.
Two or more persons in their joint names can also open such an account.
Companies,Proprietorship concerns,Partnership firms,Association / Club / Societies / Trusts, etc. can also open term deposits account, subject to KYC compliance as per RBI guidelines
Interest rates are subject to revision from time to time for different periods.
Minimum balance
An account can be opened with initial deposit of Rs.
1000/-
Save More
Rs 2500/- for Saving Accounts with ATM card facility
Non-maintenance balance
Charges of Rs.50/- per quarter for regular, dormant and unclaimed accounts.
