Fixed Deposits Account
Choose the deposit periods of 3, 6, 12, 24, and 36 months.
Increase your financial flexibility, for fixed deposits of 12 months or more.
It is calculated from the following formula:
Earned interest = Principle x (Interest rate/100) x (Actual deposit period/365)
Interest earned from fixed deposits will be taxed at 15%.
Customers can update transactions in their fixed deposit passbooks at automatic passbook update machines at every branch.