Fixed Deposit Account is offered for period of 3 months, 6 months, 1 year, 2-year, 4 year and 5-year tenure. Minimum amount required for opening Fixed deposit account is Rs.1,00,000. The interest rate varies depending on the period. The loan offered in this account is up to 90% of the related account & interest will be charged with an addition of 2 percent more than that of the related savings account. Interest amounts are calculated daily and capitalized quarterly.
