New FD Request

You can book a FD by debiting your savings / current account. The following information is requested:

Account Number - The savings / current account that you want to debit for the initial deposit.

Deposit Amount - Principal amount

Deposit Term in months / days

Interest Payout Mode -  You have a choice between a cheque and transfer of the amount to any of your savings accounts with us.

Interest Credit Account Number - You choose the interest pay out mode as a credit to account.

Maturity Instructions -  You have choice of:

Renew Principal redeem Interest

Renew Principal and Interest

Redeem Principal and Interest

No maturity instructions - For a reinvestment FD (greater than 6 months). In case you have chosen this option for a simple FD (not reinvestment) we will credit the principal and interest to your savings/current account with us.

You have the choice of opening the Fixed Deposit in the Home branch (where you have your savings/current account that you debit for the FD) or any other branch. We give you the choice of twenty branches across twenty cities where you can open the FD.

We accept a minimum amount of Rs.10,000/- for a new deposit. In case of an add-on deposit, this amount may be Rs.5,000/.

In case of conflicting FD booking instructions, we will book the FD based on the Interest payout instructions. We will also communicate to you by e-mail (The ID on our records) any such occurrence.

This Fixed Deposit will be opened as a regular deposit. As per Banking Regulations, all instructions relating to Sweep-In / Super Saver will need to be signed by all account holders and submitted to our branch.