Term Deposits
Capital Gains
Interest Application Method and Periodicity of calculation of interest is same as that of ordinary SB account / Term deposit…
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…
Recurring Deposit
Interest Application Quarterly compounding Salient Features A regular monthly savings grow into a large sum to meet the financial needs…
IB Tax Saver Scheme
Interest Application Quarterly even on monthly basis with a discount or on maturity Salient Features In order to cater to…
Money multiplier Deposits
Interest Application Quarterly compounding Min Amt Minimum amount – Rs.1000/- and in multiples of Rs.100/- No maximum amount Min Period…
Fixed Deposit
Interest Application quarterly or monthly basis with a discount Salient Features A time deposit for a fixed period to earn…
Variable Recurring Deposit
Interest Application Quarterly compounding Salient Features A recurring deposit scheme with the option of varying the monthly installments is called…
Short Term Deposits
SCHEME Term deposits repayable after an agreed period fixed at the time of deposit with interest payment on maturity of…
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…
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…
IND Non-Callable Deposit
Bank has launched a new term deposit product “IND NON –CALLABLE DEPOSIT” which is a term deposit product wherein premature…
