Unitized break up of term deposit scheme to corporate and institutions.
All Corporates and Institutions (C&I Customers)
Period of term deposit:
Min 15 days to 36 months
Minimum Deposit to be Maintained in Current Account:
Amount of deposit:
Minimum Rs 50,000/- and subsequent deposits in multiples of Rs 5000/- with a minimum of Rs 25,000/-.
Operation in the Account:
Partial withdrawal is permitted in units of Rs 5000/- each. The withdrawal will be through issue of cheque and the required amount will be automatically withdrawn from CLTD and credited to the current account to honour the cheque.