Fixed Deposits Account
Choose the deposit periods of 3, 6, 12, 24, and 36 months.
Increase your financial flexibility, for fixed deposits of 12 months or more.
Note:
It is calculated from the following formula:
Earned interest = Principle x (Interest rate/100) x (Actual deposit period/365)
Interest earned from fixed deposits will be taxed at 15%.
Customers can update transactions in their fixed deposit passbooks at automatic passbook update machines at every branch.