Deposit Schemes

  1. Schemes
  2. Deposit Schemes

Monthly Yield Deposit (MYD)

FEATURES & BENEFITS

 

  • Deposit Amount    - Rs.1000/- and above.
  • Tenure     - 1 year to 10 years.
  • Interest rate     - Fixed.
  • Interest application     - Simple Interest
  • Interest pay-outs     - Monthly.
  • Premature withdrawal     - Allowed with penalty.
  •  

    ELIGIBILITY

  • A person in his/her name.
  • More than one person in their joint names.
  • Minor through parents/guardian.
  • Sole Proprietorship firms, Partnership firms
  • Private and Public Limited Companies
  • HUFs
  • Associations, Clubs, Societies, Trusts etc.
  •  

    RATE OF INTEREST

    Click here for rate of Interest

     

     

    DOCUMENTATION

  • Application Form
  • Photograph of depositor/s (2 copies)
  • Documents as per KYC Norms
  • PAN Card or Form 60 or 61
  • Any other related documents as applicable to Minors, Partnership Firms, Companies, HUF,s etc