Automatic Renewal Scheme

Do away with the need to continuously track your investments for the deposit maturity periods and visit the branch for their renewal each time. The minimum tenure of this deposit scheme is 15 days and maximum tenure is 181 days. Upon maturity, the deposits are renewed automatically for the same period with the rate of interest prevailing on the maturity date. This scheme attracts a simple rate of interest and has the provision for premature withdrawal.

Documents Required