Choose safe investments
Regular fixed deposit scheme
Terms and Conditions
Choose safe investments
Regular Term Deposit Scheme is a scheme that offers safe and guaranteed returns on your deposits. In this scheme, you get regular interest rates for a fixed period, which increases the value of your savings and keeps them safe.
This scheme is useful for earning stable returns over a fixed period. The regular fixed deposit scheme provides you with financial stability, which gives you a guarantee of security.
Regular fixed deposit scheme
| A lump sum dep | For 181 days Interest rate 7.50% |
|---|---|
| 10,000 | 10,375 |
| 20,000 | 20,751 |
| 50,000 | 51,877 |
| 1,00,000 | 1,03,753 |
| 2,00,000 | 2,07,507 |
| 5,00,000 | 5,18,767 |
Terms and Conditions
- In the fixed deposit scheme, a minimum of Rs. 5000 and a multiple of Rs. 1000 can be deposited and interest will be paid on the fixed deposit on an annual basis (07.30 per cent).
- A fixed deposit for 13 months cannot be withdrawn before 6 months. If it is withdrawn before the maturity date, i.e. between 7 and 12 months, it will earn only 4.00% annual interest.
- A fixed deposit for 18 months cannot be withdrawn before 12 months. If it is withdrawn before the maturity date, i.e. between 13 and 17 months, it will earn only 5.00% annual interest.
- A term deposit for 24 months cannot be withdrawn before 18 months, and if withdrawn before the maturity date, i.e. between 19 and 23 months, you will only get 7% annual interest.
- A term deposit for 36 months cannot be withdrawn before 25 months, so if it is withdrawn before the 23rd to 5th month, it will earn only 7.25% annual interest.