Reinvestment Deposits

Deposits are accepted for fixed period.
Nomination facility available in individual/joint Accounts.
Interest is compounded on quarterly basis and payment thereof is made on date of maturity.
Premature payment available (Terms and conditions apply)
Loan facility against the Deposit available.
Separate KYC not required, if already having Saving or Current Account with the Bank.
TDS on interest will be applicable as per Income Tax Rules and maturity amount is subject to TDS deductions if any.