fixed deposit
Benefits
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A wide range of tenures, ranging from 180 days to 5 years, to suit your investment plan
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Partial withdrawal is permitted in units of Rs 1,000. The balance amount earns the original rate of interest
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Safe custody of your fixed deposit receipts
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Facility of automatic renewal
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Loan facility is available upto 90% of principal and accrued interest
Convenient booking through
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INDC First Bank Branch
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INDC First Bank Internet Banking
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INDC First Bank Customer Care
Term’s & Condition
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Pay-out Interest Rate Will Be Revised On Quarterly Basis.
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Interest on Term/Fixed Deposits is reckoned/ paid at quarterly / monthly intervals and at the rate/s applicable as on the value date of opening of Term/Fixed Deposits, as the case may be, in accordance with the rate fixed by the Bank from time to time as also directives issued by RBI
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The tenure for such FD is the maximum amount that can be deposited in a financial year is Rs. 1.5 lakh. The minimum deposit amount varies from banks to banks and ranges between Rs. 100 – Rs. 1.5 Lakh.
