Call: +91 9220975046 APPLY FOR NEW ACCOUNT

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

  • Minimum deposit amount for Fixed deposit is just Rs. 1000/-
  • Interest can be withdrawn on specific frequencies as either monthly or quarterly or annually
  • Nomination facility is available
  • You can get loan against Fixed deposits up to 90% of deposit
  • Fixed deposits have a minimum deposit period of 6 months and maximum deposit period is 5 years.
Amount Minimum Years Total Interest Till Maturity Total Maturity Amount ( after 3 years)
5,000 3 2,233 7,233
10,000 3 4,465 14,465
50,000 3 22,333 72,333
1,00,000 3 44,666 1,44,666
1,50,000 3 67,000 2,17,000
2,00,000 3 89,333 2,89,333
3,00,000 3 1,33,999 4,33,999
4,00,000 3 1,78,665 5,78,665
5,00,000 3 2,23,332 7,23,332
Amount Minimum Years Total Interest Till Maturity Total Maturity Amount ( after 3 years)
5,000 6 5,464 10,464
10,000 6 10,928 20,928
50,000 6 54,642 1,04,642
1,00,000 6 1,09,284 2,09,284
1,50,000 6 1,63,925 3,13,925
2,00,000 6 2,18,567 4,18,567
3,00,000 6 3,27,851 6,27,851
4,00,000 6 4,37,134 8,37,134
5,00,000 6 5,46,417 10,46,418

Duly filled Account Opening Form with

  •  Minimum FD would be of Rs.1,000 and further in multiple of Rs.1,000
  •  Interest calculation Quarterly compound.
  •  Loan available against deposit up to 70% of deposited amount after one month from the date of deposit.
  •  Rate of Interest on loan against FD would be 6% higher than applicable rate of interest to your deposit.

Pre Mature Closure Of Deposits:-

      Fore closure of Deposits will not be permitted until completion of 3 months From the date of Deposits. Deposits foreclosed after 3 months but before 6 months from the date of Deposits no Interest will be paid. Deposits foreclosed after 6 months, interest at 2% shall be deducted from the normal rate of Simple Interest for the period of Deposit.


PHP Code Snippets Powered By : XYZScripts.com
English
मराठी English