Beti Bachao Beti Padhao

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:

  1. Internet Banking
  2. Mobile Banking (Mahamobile Plus App)
  3. Branch

Benefits:

  1. To achieve your financial goal with guaranteed return
  2. Loan facility available up to 90% of the deposit amount, without breaking the fixed deposit
  3. Nomination Facility Available
  4. Account portability from one branch to another branch without pre-mature closure.