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.