Fixed Deposit offers higher rate of intrest. Customer can deposit money for a fixed period of time. On maturity he will get the intrest as per agreement. There is a facility to close the account at any time before due date by paying premature closing charge. Senior Citizen will get 0.5%extra
Duration | Rate Of Interest | ROI - Senior Citizen |
15-45 Days | 6% | 6.5% |
46-90 Days | 6.5% | 7% |
91-179 Days | 7.5 % | 8 % |
180-364 Days | 7.75% | 8.25% |
1 Year To below 2Year | 9% | 9.5% |
2 Year And Above | 8.75% | 9.25% |