FIXED DEPOSITS
Fixed deposit accounts are designed for individuals and corporate houses who qualify for interest earning on the idle funds for a period of time. Fixed deposit accounts are opened for a fixed period of time ranging from 14 days to 13-24 months. Fixed accounts provide the depositors with competitive interest at the rates agreed upon at the time of opening the deposit.
Features
Minimum balance
Minimum Interest Rate
- 14 days 3%
- 1 month 3.50%
- 3 months 4.00%
- 6 months 4.50%
- 1 year 5.75%
- 13 - 24 Months 6.25%