Features
A Fixed Saver deposit can be opened with only Rs 1,000, which is much lower than the standard requirement to open a fixed deposit.
Offers the best interest rates in the market for fixed deposits.
Senior citizens are granted an additional 1% on the going rates
Interest is calculated daily and credited monthly.
Can be used to obtain a personal loan.
Eligibility
Deposit holder must be above 18 years of age
The account can be opened by a single depositor, or as joint deposit holders.
Documents Needed
National Identity Card / Passport / Driving License
Billing proof