High Net Worth
Features
We are having following fixed deposits schemes
Penalty for Premature Withdrawal
- FDATR /FDATRWI - Auto renewal scheme. Renewal is allowed up to ten times
- FDMLY / FDQLY - Monthly / Quarterly modes of interest payments
- KTY - Quarterly compounding cumulative fixed deposit scheme
- Additional Rate of interest to Senior Citizens / High Net Worth deposits
Penalty for pre-mature payment will continue at 1% other than deposits reinvested for the longer period of maturity beyond the expiry of premature deposit
Eligibility
Nationality Indian
Open an account
- Individual account - ANNEXURE-A-INDIVIDUAL SAVING-CURRENT ACCOUNTS
- Society /Clubs /Association /Trus - ANNEXTURE-E-SOCIETY-ASSOCIATION-CLUBS-TRUST ACCOUNTS
- ANNEXURE -B-SOLE PROPRIETORSHIP ACCOUNTS
- ANNEXURE-C-PARTNERSHIP ACCOUNTS
- ANNEXURE-D-COMPANIES ACCOUNTS
Interest Rate
View Interest Rate Click Here
TDS
TDS will be deducted as per applicable Income Tax rule. At per the prevailing rule, TDS will be deducted if the aggregate of interest exceeds Rs.10000, unless Form 15G/ Form 15 H is submitted at the beginning of each financial year.