Fixed Deposit
Fixed Deposit
Fixed deposit accounts are an excellent means to grow your money over a period of time. Interest rates on fixed deposit schemes are generally higher than the interest on savings accounts. If you invest in fixed deposits, you can get higher returns for the same amount of money in a savings account in the same period of time. Our bank offers several fixed deposit schemes to choose from, depending on your chosen preferred term period (short-term or long-term). This range of choices makes fixed deposits a convenient option for a range of investors, from salaried employees to self-employed professionals to senior citizens.
How to avail this service
Steps
- 1Visit the branch closest to you and ask for an account opening form.
- 2Fill in both parts of the form. Form 1 covers your name, address and signature; Form 2 is only for applicants without a PAN card.
- 3Attach your KYC documents and check that the details match the form exactly.
- 4Make the initial deposit of Rs. 1,000.
- 5Once the bank completes verification you receive a passbook and cheque book free of charge.
What to bring
- Proof of identity — passport, driving licence, proof of possession of Aadhaar, Voter’s ID, NREGA job card or an NPR letter
- Proof of address — the same document if it carries your current address, otherwise a separate one
- PAN card, or Form 60 if you do not hold a PAN
- Recent passport-size photographs
The list of Officially Valid Documents is set by the Reserve Bank of India and is the same at every bank.
You can use any of the contact options given below to enquire about our products, services or schemes.