- Individuals in their own names or in their joint names or in the names of their minor children, firms, HUF trust, Corporate, Clubs, Associations, Co-operative Societies can invest their surplus funds and earn attractive interest.
- Meant for those who wish to invest funds in one lump sum and get interest periodically.
- Interest is paid as prescribed by the Bank and as applicable to the period. Interest will be remitted to any person or account at the request of the depositor.
- Period of deposit ranges from 7 days to 60 Months.
- Automatic renewal facility.
- Nomination facility for individuals.