Interest Application | Quarterly |
Min Amt | Minimum amount Rs.1000/-
Maximum amount – Rs. 50000000/-
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Min Period | • 15 days to 10 years |
Other Requirements/Details | • Suitable for senior citizens with additional rate of interest and value additions
• Age proof for having completed 60 years
• Free funds transfer upto Rs.5000 p.m or interest earned whichever is higher
• Automatic renewal facility for equal period
• Loan, Foreclosue, Nomination etc are available
• Minimum penalty on foreclosure of deposits
• Joint accounts permitted but first named persons should be senior citizens
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