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Five Year Fix Deposit
Features and Benefits
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Interest Rates
Tax Deductions
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Regular FD
In 2006, it was announced for the first time that Bank fixed deposits booked by an Individual/HUF for 5 years & upto Rs. 1,00,000/- will be allowed exemption under Sec 80C of the Income Tax Act,1961 subject to necessary declarations taken from the Customer.

Features & Benefits
Minimum Amount: Rs.100/-
Multiples of Rs.100/-
Maximum Amount: Rs. 1 lac (in a FY)
Tenure - 5 years (lock in period).
Rate of Interest - 8.50% p.a, Senior Citizen rate - 9.00%
No Partial/Premature withdrawal allowed.
Sweep-in not allowed.
No OD or pledge allowed.
In the case of joint holder deposit, the deduction from income under section 80C of the Act shall be available only to the first holder of the deposit.

*Conditions Apply

Note: Interest rates are subject to change from time to time. Applicable interest rates will be announced as on the date of receipt of the funds by the bank.
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    Just fill the Online Application Form and our representative will get in touch     with you shortly.

    Other Ways to apply :     *Conditions Apply
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