Non-Callable Term Deposit

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Non-Callable Term Deposit

Non-Callable Term Deposit

  • To invest surplus funds for a long period. No premature withdrawal allowed.
  • Eligibility: All depositors (Domestic Deposits & NRE Deposits)
  • The product is available for TDRs/STDRs of Rs.1 Crore and above.
  • Period of deposit from 181 days to 3 years
  • Overdraft facility strictly not allowed
  • Currently No premium payable over and above card rate.
  • Non-callable deposits should not be used as security/ margin money against the non-fund based limit (LC and BG)

Interest Rates

6.90%* p.a.

w.e.f. 19.10.2020

*T&C Apply.

 

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