Savings Account
A
savings
account
is
a
basic
type
of
bank
account
that
allows
you
to
deposit
money,
keep
it
safe,
and
withdraw funds, all while earning interest.
Key Benifits:
* Self Operated Account.
* Withdraw any time, how much you want.
* Deposit when you have more money to save.
* Nomination Facility.
* Cheque Book Facility.
* Mobile Banking.
* RTGS/NEFT Facility.
* IMPS Facility
* SMS Notifications on transactions, so that to keep track on your transaction on your hand.
* UPI Fiacitlity
* Safe Deposit Locker Facility
Fixed Deposit Account
A
fixed
deposit
(FD)
is
a
financial
instrument
which
provides
investors
a
higher
rate
of
interest
than
a
regular savings account, until the given maturity date.
Our Rate of Interest on FD’s
:
(Revised on: 01/01/2023)
Term Deposits:
31 Days to 90 Days : 3.50% 3.50% (Senior Citizens)
91 Days to 180 Days : 4.00% 4.50% (Senior Citizens)
181 Days to 365 Days : 4.75%
5.25% (Senior Citizens)
366 Days to 2 Years : 5.75%
6.25% (Senior Citizens)
Above 2 Years to 3 Years : 6.25% 6.75% (Senior Citizens)
Above 3 years : 6.75% 7.25% (Senior Citizens)
Special Deposit Scheme:
Jan Ram Deposit : 8.00%
(For 5 Years)
Sahara Deposit
: 7.25%
(For 1000 Days)
For Special Depost Schemes senior citizen benefit of 0.50% interest is Not Applicable
Our Deposits are covered upto 5 Lakhs under DICGC
Recuring Deposit
A
recurring
deposit
is
a
special
kind
of
term
deposit
which
help
people
with
regular
incomes
to
deposit
a
fixed
amount
every
month
into
their
recurring
deposit
account
and
earn
interest
at
the
rate
applicable to fixed deposits.
Our Rate of Interest on RD’s
:
(Revised on: ____________)
1 to 2 year : _____________
2 year and above : _____________
Loans
A
loan
is
when
money
is
given
to
another
party
in
exchange
for
repayment
of
the
loan
principal
amount
plus
interest.
Loan
terms
are
agreed
to
by
each
party
before
any
money
is
advanced.
A
loan
may be secured by collateral such as a mortgage or it may be unsecured.
Types of Loan Available
:
Personal Loan
Mortgage Loan
Housing Loan
Hypothecation Loan
Loan against Gold Ornaments
Loan and Secured Overdraft
Loan on NSC