Reinvestment Plan Deposit
Reinvestment Plan Deposits are accepted for a minimum amount of Rs.1000/- and for minimum period of 12 months and in multiples of 3 months up to a maximum of 120 months.. No ceiling for maximum amount of deposit. Savings grow faster under Reinvestment Plan Deposit as the interest is compounded quarterly. At the end of the stipulated period a much larger amount is paid. Facilities for loan, foreclosure, nomination etc. are available.
Area of operation
The product is available at all branches of the Bank.