Savings Certificate of Deposits

Ideal short term investment for your money

Salient Features

• No need to be a account holder
• Instant loan or overdraft could be easily obtained
• Interest paid in upfront and available in following
  
  denominations for periods of 6,12 and 24 months

           Rs                          200
           Rs                          500
           Rs                       1,000
           Rs                       5,000
           Rs                     10,000
           Rs                     25,000    
                                  - For Interest Rates please refer RATES

• Face value is paid at maturity
• No stamp duty/Withholding tax
• Can make a nomination
• Can be en-cashed in any branch
• Can be en-cashed even before the maturity