A highly beneficial value added scheme, specifically designed for the benefit of our respected Senior Citizens ( above 60 years of age), this deposit scheme is truly special in character, carrying an interest of 0.5% over and above the normal rate besides offering numerous value additions.

Salient features of the scheme are:

• Minimum amount of deposit is Rs.1000/-
  
  
• Period of Deposits is 12 to 120 months.
  
  
• Interest on the deposit is 0.5% above the normal rate.
  
  
• Interest payable at monthly (discounted rates) or quarterly intervals.
  
  
• Premature withdrawal of deposit is permitted any time without levy of penalty. Accounts closed before completion of 12 months are not eligible for additional interest of 0.5%.
  
  
• Exemption from maintaining prescribed minimum balance in savings Bank account.
  
  
• Free Remittance Facility to any of our branches upto a specified limit.
  
  
• Nomination facility available.
  
  
• The rates of interest are subject to change and are as fixed by the Bank from time to time.