A regular interest earning scheme. A flexible and convenient deposit scheme which ensures that your money never remains idle. Even very small amounts earn interest for very short periods. Yes. You can deposit an amount of just Rs.1000/- for a period as short as 15 days and make it grow.

Salient features of the scheme are:

• Minimum deposit Rs.1000/-
  
  
• Deposits accepted for periods ranging from 15 days to 120 months.
  
  
• Option available for receiving monthly interest at discounted rates or quarterly interest.
  
  
• Premature withdrawal of deposit is permitted any time subject to payment of prescribed penalty.
  
  
• Loans available upto a maximum of 95% of the deposit amount depending on the length of the unexpired period of the deposit.
  
  
• Senior Citizens & Staff will be eligible for additional Rate of interest as per applicable norms.
  
• Nomination facility available.
  
  
• The rates of interest on deposits are as fixed by the Bank from time to time.