EMI
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Features of Fixed Deposit

No limit for maximum deposit amount

No age limit

ROI between 5.5% to 8.5%

1

Benefits

  • Simple investment product which offers safety and flexibility.
  • Minimum period of deposit: 30 days
  • No limit forMaximum period of deposit.
  • Minimum Amount of deposit is Rs.1000.
  • No limit for maximum deposit amount.
  • Option of premature/partial withdrawal in case of any urgent funds’ requirement without penalty.
2

Rate of Interest

  • ROI ranges between 5.5% to 8.5% depending on tenure.
  • 0.5% extra ROI for senior citizen.
  • 0.5% extra ROI for woman.
3

Eligibility

  • Any individual who is resident of India.
  • No age limit.
4

Documents Required

  • Identity Proof of depositor.
  • Address proof of depositor.
  • In case of minor, guardian’s documents & signature is required.
5

Pledging Of Deposit

  • Pledging of deposit is 80% of FD amount.

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