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Maturity and Yield Calculator

Term Deposit Schemes / Super Saver Term Deposit Scheme

                               Super Saver

                                   For a long term Gain. 

Our SUPER SAVER TERM DEPOSIT SCHEME is for a longer period ranging from 5 to 10 years. All your surplus funds can be invested in this Scheme to meet your long term requirements or for your own security and earn attractive Interest.

Product SUPER SAVER TERM DEPOSIT
Eligibility

All individuals who are eligible to open an account with the bank duly complying with the simplified KYC norms

Style Of Account

For Individuals – Singly or Jointly payable to

‘E OR S’, ‘F OR S’, ‘L OR S’ OR Payable Jointly
Type of Account Fixes Deposit or Special Term Deposit
Segment Personal Segment
Availability of the Scheme At all our Branches
Amount Of Deposit Min Rs.10000/- and multiples of Rs.1000/- no Max limit
Period of Deposit

These deposits shall be accepted for tenor of  5 to 10 years.

Rate of Interest

As applicable to the term of the Deposit.

  • Special Term Deposit: The interest is compounded every quarter and paid on Maturity.

  • Fixed Deposit :The interest is paid at Monthly, Quarterly, Half-Yearly and Yearly intervals as per your requirement
Nomination Nomination facility is available for all individual Accounts
Transfer of Account. Permitted
Premature Payment Premature payment is permitted. The rate payable is 1% below the applicable Rate of interest for the Period the Deposit remained with the Bank.
Loan Facility Loan is permitted in the form of Demand Loan OR Cash Key
Tax Deduction At Source

TDS is applicable as per IT Rules.

Renewal

Auto renewal of the Deposit on Maturity


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