Eligibility

Customers having a limited or stipulated income and require a large amount of money but can only save small amounts every month, such as Salaried individual, small trader, housewife, student or a rural saver

Features

• Interest is compounded every quarter.
• Variable deposit periods ranging from 6 months to 120 months.
• Loans available up to 90% on the principal and also on the interest accrued.
• Deposit can be closed prematurely without any difficulty.

Interest Rate

Click here for Interest rates

Payment of interest

Quarterly compounding and paid at the time of maturity

Minimum Deposit Amount

Minimum of Rs. 50 and in multiples of Rs. 5/-

Period of Deposit

6 Months to 120 Months