Resident Indians for himself/ herself as an individual or in the capacity of the Karta of the Hindu undivided family, having Income Tax Permanent Account Number (PAN)..


Rs. 1,000/- or multiples thereof.

Maximum Deposit: Not exceeding Rs.1,50,000/ in ayear.

Rate of Interest

Rate of interest as applicable to Bank's TDR / STDR.


Minimum tenor is 5 years and maximum is 10 years

Premature Withdrawal


Nomination Facility


Important Terms

Tax benefits under section 80C of Income Tax Act, 1961.Tenure: Minimum: 5 years - Maximum: 10 years. Premature withdrawal: Not permitted before the expiry of five years from the date of issue.