Call Deposit

Scheme with simple interest payable on maturity

Key Features

  • Flexible tenure with minimum period of 7 days and maximum up to 364 days.
  • Auto Renewal facility available
  • Nomination facility
  • Higher ROI for Senior Citizens
  • Loans or Overdraft facility available against deposit up to 90%
  • Deposit insured by the DICGC
  • Premature withdrawal allowed with penalty of 0.50 %

Requirements

  • KYC Documents as per RBI guidelines

Eligibility

  • Individual (single/joint), Minor by guardian, Organizations

ROI W.E.F 01.08.2021

  • Duration
    General
    Senior Citizen
  • 7 days to 30 days
    3.75
    4.25
  • 31 days to 45 days
    4.00
    4.50
  • 46 days to 90 days
    4.50
    5.00
  • 91 days to 180 days
    5.25
    5.75
  • 181 days to 364 days
    5.25
    5.75
Important to note:

TDS will be applicable as per Income Tax act 1961.
Form 15H/15G required to be submitted for exemption of TDS

Download

Deposit FormForm 15HForm 15G