Fixed Deposit
Eligibility:
- An Individual, firm, partner & company, can open fixed deposit account.
- Minor with a guardian.
- Ideal for Doctors, Engineers, Businessmen, Students, Homemakers, etc.
Amount of Deposit:
One time deposit with a minimum Rs.1000/- and in multiplies of Rs.100/- thereafter.
Period of Deposit:
Minimum 7 days to Maximum 10 years
Rate of Interest:
Attractive rate of interest paid on deposit as decided by the bank from time to time on maturity patterns.
How to Open:
- Internet Banking
- Mobile Banking (Mahamobile Plus App)
- Branch
Benefits:
- To achieve your financial goal with guaranteed return
- Loan facility available up to 90% of the deposit amount, without breaking the fixed deposit
- Nomination Facility Available
- Account portability from one branch to another branch without pre-mature closure.