Products
Fixed Saver
The Fixed Saver is a 1-year fixed deposit scheme that has been specially designed to encourage the savings habit and ensure maximum returns on investment. This product has been designed to start saving on a small scale, to gain multiple benefits, including access to credit. As Fixed Saver offers better savings returns than average savings accounts, it is the perfect platform to build up a nest egg of funds yearly or to collect funds for a specific objective.
Benefits and 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.
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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 Required
• National Identity Card / Passport / Driving License
• Billing proof
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