- 1: Account can be opened in the names of individuals singly / jointly / with either or survivor options.
- 2: A minor with natural guardian.
- 3: Government / Semi Government Departments.
- 4: Religious Institutions.
- 5: Partner / Sole proprietorship firms.
- 6: Societies, Associations, Trusts..
- 7: Institutions can open Fixed Deposit Account.
- 8: The account will be opened on submission of the duly filled in application form along with the deposit amount in cash /cheque / withdrawal(transfer from SB Account).
- Depending upon the period of the deposit as prevailing from time to time . .
SPECIAL INTEREST RATE FOR SENIOR CITIZENS
- 1: Additional Interest rare of 0.25 % available to senior citizens.
AUTO RENEWAL OF DEPOSIT
- Deposit shall be renewed automatically for a similar period on the date of maturity at the rate of interest applicable for the period as on the date of maturity in the absence of any renewal instructions well in advance.