Fixed Deposits

Fixed Deposits.

Nationality Indian

a.Individual account
b.Society /Clubs /Association /Trust

Deposits Charges W.E.F. 01.12.2016 As per B.O.D.

Fixed Deposits For General For General Senior Citizen / Sahakari Sanstha / Trust
14 Days to 29 Days 6.00% 6.50%
30 Days to 90 Days 6.50% 7.00%
91 Days to 180 Days 7.00% 7.50%
181 Days to 365 Days 7.50% 8.00%
Above 12 Month to 15 Month 8.00% 8.75%
Above 15 Month To 24 Month 8.00% 8.50%
Above 24 Month To 36 Month 7.50% 8.05%
Above 36 Month 7.25% 7.75%

TDS will be deducted as per applicable Income Tax rule. At per the prevailing rule, TDS will be deducted if the aggregate of interest exceeds Rs.10000, unless Form 15G/ Form 15 H is submitted at the beginning of each financial year.