Term Deposit
Terms deposits are an extremely safe investment and are therefore very appealing to conservative, low-risk investors.In Monthly Income Scheme Deposit, we all require certain amount for our day to day expenses and for that by investing certain lump sum amount for specific period of time.
- Depositing amount for fixed period
- Period of deposit is minimum 1 Month to 36 Months
- Repayment with interest on maturity date
Days/month |
Interest Rate (%) |
Interest type |
46 days to 90 days |
5.00% |
Simple interest |
91 days to 180 days |
6.00% |
Simple interest |
181 days to 270 days |
7.00% |
Simple interest |
271 days to 364 days |
8.00% |
Simple interest |
13 months complete |
8.75% |
Simple interest |
13 months senior citizen |
9.25% |
Simple interest |
20 months complete |
9.00% |
Simple interest |
20 months senior citizen |
9.50% |
Simple interest |
- 2 photograph
- Pan card
- Residential proof
- Photo identification proof