Fixed Deposit - FD
- Minimum FD would be of Rs.5, 000/- and further in multiple of Rs.1, 000/-.
- Interest calculation yearly compound after two years.
- TDS will be deducted as per Income Tax Act:1961.
- Loan Against Deposit up to 75% of deposit amount
- Rate of Interest on loan at the 2% per month applicable.
- No Interest payable after Maturity period.
- No interest payable on Pre-Maturity.