Reinvestment Deposit

A Reinvestment Deposit A/c may be opened by any person, individual, a minor, a firm, company, trust and senior citizens.

• Reinvestment Deposit
  • Nomination facility is available.
  • Compounding Interest is eligible, depending upon the scheme & period of deposit.
  • Monthly/Quarterly interest on deposits.
  • Interest can be withdrawn in option monthly / quarterly.
  • Interest can be withdrawn in option monthly / quarterly.
  • Premature closing depends on the scheme, subject to penalty if any.
  • Loans can be obtained, against the deposit amount, subject to rules & regulations applicable.
  • Standing instruction is accepted for transferring the interest.