- Minimum amount is Rs.1,000
- Interest is calculated on quarterly compounding method.
- Maturity amount can be transferred to the account with any bank at FREE of charge.
- Pre closure procedure is as applicable to Fixed Deposit.
- No TDS for interest up to Rs.40,000 p.a.
- Interest is payable on Maturity of the deposit.
|PERIOD||12 MONTHS||YIELD %||36 MONTHS||YIELD %||60 MONTHS||YIELD %|
|MATURITY AMOUNT SENIOR CITIZEN||11065||10.65%||13747||12.49%||17416||14.83%|