Cent Super Time Deposit for 555 Days (Callable)
|
|
Eligibility for opening. |
All type of customers eligible for opening including NRE |
Type of Deposit |
FDR/MMDC/QIDR/MIDR.
|
Minimum & Maximum Amount of Deposit. |
Minimum Rs.10,000/- Maximum Upto Rs.10.00 Cr.
|
Period of Deposit |
The Deposit will be accepted for a fixed period of 555 days.
|
Rate of Interest |
Special interest @* 7.25 % with additional interest of 0.50% to Senior Citizens, 1 % to Staff and 1.50% to Senior Citizen retired staff will be paid.
*Rate of interest will change from time to time as per ALCO directions |
Premature Withdrawal of Deposit. |
Though the deposit is accepted for a fixed period of 555 days, a customer may opt for premature withdrawal of deposit, applicable rate of interest for the period of deposit (subject to applicability of prevailing rules on premature withdrawal) will be paid
|
Account Opening Facility |
The product can also be opened through online/Net Banking/Mobile Banking |