IND SUPREME 300 DAYS
SCHEME | Special Term Deposit Product “IND SUPREME 300 DAYS “ with fixed maturity tenor of 300 days in the form of FD/MMD. | ||||
TARGET CUSTOMERS |
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DEPOSIT AMOUNT |
Bulk deposits of Rs.3 crore & above are not eligible. |
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PERIOD OF DEPOSIT | 300 Days | ||||
RATE OF INTEREST | 7.05 % p.a
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ADDITIONAL INTEREST RATE
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(Additional interest offered to Senior Citizens & Staff are not applicable for NRO Deposits) |
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MODE OF INTEREST PAYMENT | Interest, net of TDS shall be payable on monthly/quarterly intervals or on maturity through the linked account (SB/CA) of the customer.
In case where there are no operative accounts of the customer, maturity proceeds will be paid by DD or through NEFT/RTGS as per customer’s choice. No interest will be paid on deposits which remains for a period of less than 7 days. |
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NOMINATION FACILITY | Available
Mandatory for Personal Customers |
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ROLL OVER OPTION | If the scheme is continuing on the date of maturity: –
If the scheme stands discontinued on the date of maturity: –
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PRECLOSURE FACILITY | Allowed | ||||
PRECLOSURE PENALTY | As applicable for normal term deposits. | ||||
OVERDRAFT / LOAN AGAINST DEPOSIT |
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TDS | At Applicable Rate as per Income Tax Act. | ||||
15G /15H | Wherever eligible can be submitted in Branch or through Online. | ||||
MODE OF ACCOUNT OPENING | Branch/ Internet Banking/ IND SMART | ||||
ANY OTHER INFORMATION RELEVANT TO THE PRODUCT |
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( Last modified on Jul 05, 2024 at 08:07:21 PM )