Fixed Deposit

Account can be opened in the names of individuals singly / jointly / with either or survivor options.
A minor with natural guardian.
Government / Semi Government Departments
Religious Institutions
Partner / Sole proprietorship firms.
Societies, Associations, Trusts.
Institutions can open Fixed Deposit Account.
The account will be opened on submission of the duly filled in application form along with the deposit amount in cash /cheque / withdrawal(transfer from SB Account).

Interest Payment – Monthly discounted simple rate at Monthly rest and Simple rate at Quarterly / Half yearly / annual rest
Monthly Interest Payable through SB Account / Cheque / NEFT
Mode of operation – Self / E or S / other modes
Loan on deposit available up to 80% of the deposit amount
Facility of pre-mature withdrawal
Nomination facility available.

Please click here to know the current rate of Interest.
Additional Interest rare of 0.50% available to senior citizens.

Deposit shall be renewed automatically for a similar period on the date of maturity at the rate of interest applicable for the period as on the date of maturity in the absence of any renewal instructions well in advance.

7 Days

10 Years

Application form
Recent Photograph two numbers
Address Proof and Identify proof
Copy of PAN card
Existing SB Account customers need not submit Photograph and KYC documents.

Depending upon the period of the deposit as prevailing from time to time Jhon Pedrocas Professor

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0427 245 1761

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sdccbslm@salemdccb.bank.in

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