Ideal to earn higher rate of interest, if the investor can spare money for a specified period of time. The period ranges from 13 month and above as decided by the investor. This deposit plan offers convenient solutions to both working class as well as senior citizens. These products facilitate the depositor to enjoy security and competitive rates of interest on their deposits.
Interest on Fixed Deposits is paid at specified intervals monthly
| Months | Interest Rate ( % ) |
|---|---|
| 12 months | 10 % |
| 12 months 1 day to 24 months | 9 % |
| 12 month(Senior Citizen) | 10.5% |
