![]() If any customer invest 555 days' "High Income Deposit Scheme",but subsequently opts to premature his/her investments savings rate will be levied in such cases.No extra interest percentage will be endowed to present staff ,retired staff and societies.Interest calculation on Investments in this particular scheme will be simple and not compuningĢ. The current interest rate applicable to the Scheme is 8.05% p.a.ġ. ![]() A normal penalty impose if closed after three years but within five years of opening it. Individuals can not withdraw the amount before three year of opening the account. However, individuals can extend the maturity period for 3 more years by submitting an application. The deposits can be made in the multiples of Rs.1,000. ![]() The minimum deposit is Rs.50000/- and there are no maximum limit. Interest payment will be credited to an individual's account on the due date. They will receive a monthly interest against their deposited amount. Individuals who open an Senior Citizen special MIS Scheme account get an interest on the principal deposited amount at the rate fixed by the bankt. Reserve Fund, Bad Debt Fund, Agriculture Credit Stabilisation Fund of societiesįor QIS Individual for above 2 to 5 years
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