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This is a form of term deposit wherein the depositor can deposit money for 12 months or more. The interest will be credited to the depositor on a monthly basis. The depositor must have or (open a new) Savings Bank account to enable the bank to credit the interest in the SB account. |
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Eligibility | All types of customers. | ||
Minimum Amount | Amount: Rs 1000. | ||
Maturity Period | The deposit can be accepted for a period of 12 months and above. |