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Fixed/Short Term Deposit
 
Mode of calculation of Interest on Short Deposits and Fixed Deposits for periods less than 12 months :
Short Deposits
On deposits repayable within six months
(Short Deposits)
Interest should be paid for the actual ___________ number of days on the basis of 365 days in a year
Fixed Deposits
On Deposits repayable after six months
(Fixed Deposits)
where the terminal month is complete or incomplete
Interest will be calculated for the completed months and where the terminal month is incomplete- the actual number of days on the basis of 365 days in a year.

KYC ( Know Your Customer) for opening account is applicable for these accounts hence proof of residence and proof of identification will be required alongwith recent photograph of the depositor/s

Need to open Savings Bank Accounts

It is desirable that the Term Deposit account holders also maintain Savings Bank accounts with the Bank so as to avoid delay in disbursement of interest on term deposits or inconvenience to the depositor to call on the Branch to collect interest.

``For the benefit and convenience, may we suggest that you open a Savings Bank Account with us and give us instructions to credit thereto, half yearly interest on this Term Deposit Receipt. Your interest will earn interest.''
 
 
 
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We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new


Notice of EGM - Corrigendum


Notice of the EGM


Notice for Book Closure


MCLR w.e.f. 07.03.2017


Empanelment Of Sarfaesi Valuers


Details of unpaid / unclaimed Dividend


As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.


Base Rate revised to 9.65% w.e.f 30.09.2016


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List of Wilful Defaulters


Change of Registrar and Share Transfer Agent


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Notice to Customers


Notice to SB Customers


ATM transactions for savings Bank A/c Customers


Notice for our DEMAT Account Holders


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Fixed Deposit