A Scheme for High Return on your savings even for a short period of less than 1 year. An ideal option for all transitory savings to meet the requirements. An ideal option for all transitory savings.
 Overdraft / loan against deposit provided on demand upto 90% of deposit amount without any guarantor and processing fee, filling of any forms etc. even for 1 day and upto the maturity period of deposits to meet short term requirements and needs. |
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| For such advances interest shall be charged 1% over the deposit rate with monthly rests in case of depositor -borrower and in case your friends want to avail loan against your deposit the rate of interest will be 1.5% over the deposit rate with monthly rests. |
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| In case you wish to take premature payment of your deposit, it is provided, however interest at @ 1% below the rate applicable for the period deposit has run with the bank, will be paid. |
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| Accepted as a Security by Govt. Deptt. |
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| Accepted as margin for Non-fund based facilities. |
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| Nomination facility is available. |
