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Capital Gains
Interest Application Method and Periodicity of calculation of interest is same as that of ordinary SB account / Term deposit…
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TERMS AND CONDITIONS-TERM DEPOSIT ACCOUNT
Term Deposits: Means a deposit received by the Bank for a fixed period withdrawable only after the expiry of the…
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Recurring Deposit
Interest Application Quarterly compounding Salient Features A regular monthly savings grow into a large sum to meet the financial needs…
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IB Tax Saver Scheme
Interest Application Quarterly even on monthly basis with a discount or on maturity Salient Features In order to cater to…
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Money multiplier Deposits
Interest Application Quarterly compounding Min Amt Minimum amount – Rs.1000/- and in multiples of Rs.100/- No maximum amount Min Period…
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Fixed Deposit
Interest Application quarterly or monthly basis with a discount Salient Features A time deposit for a fixed period to earn…
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Variable Recurring Deposit
Interest Application Quarterly compounding Salient Features A recurring deposit scheme with the option of varying the monthly installments is called…
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Short Term Deposits
SCHEME Term deposits repayable after an agreed period fixed at the time of deposit with interest payment on maturity of…
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Motor Accident Claim Tribunal Deposit(MACAD) Scheme
SCHEME · Two new products have been created on the lines offered by other banks and as suggested by the…
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IB Golden Ager – Term Deposit Product for Super Senior Citizens
Name of the Product “IB – Golden Ager” – A Special Term Deposit Account for Super Senior Citizen” Nature of…
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IND Non-Callable Deposit
Bank has launched a new term deposit product “IND NON –CALLABLE DEPOSIT” which is a term deposit product wherein premature…
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IND SUPER 400 DAYS
The salient features of the scheme are detailed here under: SCHEME Special Term Deposit Product “IND SUPER 400 DAYS “offering…
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IND COURT
Bank in order to comply with the directions of Hon’ble Court /Tribunal Orders for opening multiple term deposits of different…
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TERM DEPOSIT WITH PREMATURE PARTIAL WITHDRAWAL FACILITY “IND FLEXI FIX”
Bank is introducing a special Term Deposit Product “IND Flexi Fix “w.e.f 13.02.2023 under which the depositors are allowed to…
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IND SUPREME 300 DAYS
SCHEME Special Term Deposit Product “IND SUPREME 300 DAYS “ with fixed maturity tenor of 300 days in the form…