Deposits

Savings Account(click for details)

A Savings Account may be opened by Individuals, HUFs and Trust.
Features:
Any Branch Banking (ABB).
ATM facility / Debit cum ATM card
Demand Draft (Local and Outstation).
RTGS/NEFT
Nomination facility available
DICGC Insurance facility
Personalized cheque books as per CTS standards
Basic Saving account (No Frills account)
Students Saving account
Saving accounts for Minor
Transaction alerts by SMS


Current Account(click for details)

Current A/cs may be opened by Businessmen/Proprietorship/Partnership Firms/Public or
Private Companies.
Features:
Customer can deposit or withdraw the amount as many times required
Minimum Balance to be maintained is Rs.2000/- for Individuals
Minimum Balance to be maintained is Rs.5000/- for Firms,Companies.
Account will be operated by Authorized Signatories
Any Branch Banking (ABB).
Demand Draft (Local and Outstation).
RTGS/NEFT
DICGC Insurance facility
Personalized cheque books as per CTS standards
RERA Account Facility for Builders/Contractors


Samruddhi Thev*(click for details)

Period of Deposit 1 year to 10 years
Minimum Amount of Deposit Rs.100/-
Additional Interest Rate for Senior Citizen 0.50%
Benefits Compounding Interest
Interest Payment Quarterly Compounding,
Interest payable on maturity
Pledging of Deposit Allowed
Premature Withdrawal Allowed
Auto-renewal Facility Available


Amrut Mahotsavi Damduppat Thev*(click for details)

Period of Deposit 9 Years 7 Months 25 Days
Minimum Amount of Deposit Rs.5000/-
Additional Interest Rate for Senior Citizen 0.50%
Benefits Compounding Interest
Interest Payment Quarterly Compounding,
Interest payable on maturity
Pledging of Deposit Allowed
Premature Withdrawal Allowed


Amrut Mahotsavi Lakshadhish Thev*(click for details)

Period of Deposit 5 Years
Minimum Amount of Deposit Rs.69900/-
Maturity Value Rs.100115/-
Additional Interest Rate for Senior Citizen 0.50%
Benefits Compounding Interest
Interest Payment Quarterly Compounding,
Interest payable on maturity
Pledging of Deposit Allowed
Premature Withdrawal Allowed


80 C Deposit(click for details)

Period of Deposit Minimum 5 Years and Maximum 10 years
Minimum Amount of Deposit Rs. 100/-
Maximum Amount of Deposit Rs.150000/-
Rate of Interest 7.50%
Benefits 1. Tax Benefit u/s 80 C of Income Tax act

2. Monthly Interest Payout OR Compounding Interest Facility
Pledging of Deposit Not Allowed
Premature Withdrawal Not Allowed


Unfixed deposit Thev*(click for details)

Period of Deposit 15 days to 1 year
Minimum Amount of Deposit Rs. 1500000/-
Rate of Interest 5.00%
Maximum Amount of Deposit Rs.30000000/-
Benefits No penalty if broken before maturity
after 15 Days
Interest Payment Simple Interest
Pledging of Deposit Allowed
Premature Withdrawal Allowed


Recurring Thev*(click for details)

Period of Deposit 1 Year to 10 years
Monthly Installment Deposit in Multiple of Rs.100/-
Additional Interest Rate for Senior Citizen 0.50%
Benefits Compounding Interest
Interest Payment Quarterly Compounding,
Interest payable on maturity
Pledging of Deposit Allowed
Premature Withdrawal Allowed


Monthly Interest Deposit*(click for details)

Period of Deposit 1 Year to 10 years
Minimum Amount of Deposit Rs.5000/-
Additional Interest Rate for Senior Citizen 0.50%
Benefits Monthly Interest
Interest Payment Simple Interest
Pledging of Deposit Allowed
Premature Withdrawal Allowed
Auto-renewal Facility Available


Bachat Nidhi (Pigmy) Deposit*(click for details)

Period of Deposit 1 Year
Minimum Amount of Deposit Rs.25/-
Interest Payment Simple Interest
Pledging of Deposit Allowed
Premature Withdrawal Allowed


Sukanya Samrudhi Thev Yojana*(click for details)

Period of Deposit Upto 20th Age of Girl child of 3 months to 10 years age
Minimum Amount of Deposit Based on the age
Maturity Amount Rs. 100000/-
Rate of Interest 8.00%


SUB Premium Saving Scheme*(click for details)

Minimum Amount of Deposit Rs. 200000
Rate of Interest 5%


1. Get additional 0.25% interest for the Period one year and above on one time deposit between Rs. 25 lakhs or more.

   (Applicable only for Individuals)
Get additional 0.50% interest for the Period one year and above on one time deposit above Rs. 25 lakhs

   (Not applicable for Co-operative Societies/Banks)
3. Flexible Interest rate for Co-operative Societies/Patsanshta

* Maturity amount is subject to Tax and its impact on interest

* Conditions apply