Deposit Schemes

Term Deposits Account

Term Deposit Account can be opened by:

  • Individual – Single or Joint

  • Minors – with Guardian

  • Regd. Societies & Trusts

  • Hindu Undivided Families (HUFs)

  • Customer Information File (CIF) form (for new accounts )

  • Account opening form, duly signed by the account holders

  • Introduction from existing account holder

  • Photograph of account holders

  • Photo identity such as photocopy of PAN Card, Driving License valid Passport, Aadhaar Card

  • Proof of residence in the form of photocopy of Electricity / Telephone bill, valid Passport, Aadhaar Card etc.

Various Term Deposit Scheme Available With Us Includes

  • Fixed Deposits (FD) - Interest is paid to investor’s at regular intervals
  • Re-Investment Benefit Deposits (RBD) -Interest gets accumulated in principle & investor receives an accumulated maturity amount at the end of tenure of deposits
  • Monthly Recurring Deposit (MRD) - Schemes where investors can even start with a very nominal amount of Rs. 100 per month
  • GB Tax Gain Deposit Scheme - For availing Income Tax Benefit u/s 80 C

  • Free ATM usage

  • Fund remittance facility such as issue of Demand Draft, Pay Orders, RTGS, NEFT, N-ECS

  • E-TDS payments

  • Any Branch Banking through Core Banking Solution

  • Lockers at Competitive Price

  • Demat facility

  • Bancassurance (Life Insurance / General Insurance)

  • Mutual Funds

  • PAN Card issue

Term deposit rates as on 9th October 2026

Present Maturity Period Rate of Interest for TD
Gen. Public (Resident) / Soc / Trusts (p.a.) Sr. Citizens (Resident) (p.a.) Deposits >= 1 Crore (Bulk Deposit)
Gen. Public (Resident) / Soc / Trusts (p.a.) Sr. Citizens (Resident) (p.a.)

7 days to 14 days

3.60 3.60 3.60 3.60

15 Days to 45 Days

3.60 3.60 3.60 3.60
46 Days to 90 Days 3.85 3.85 3.85 3.85
91 Days to 124 Days 4.10 4.10 4.10 4.10
125 Days 4.35 4.35 4.35 4.35
126 Days to 150 Days 4.60 4.60 4.60 4.60
151 Days to 179 Days 4.85 4.85 4.85 4.85
180 days to less than 1 year 5.35 5.35 5.35 5.35
1 year to less than 2 years 7.00 7.35 7.00 7.35
400 Days 7.00 7.35 7.00 7.35
555 Days 7.00 7.35 7.00 7.35
2 years to less than 3 years 6.60 6.75 6.60 6.75
3 years up to 5 years 6.75 6.85 6.75 6.85
Above 5 years to 10 years 7.00 7.50 7.00 7.50
GB Tax Gain Scheme 6.00 6.10 6.00 6.10

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