Salient features of the scheme :

  • Account can be opened with a minimum amount of Rs.1000/- or any amount fixed by H.O. from time to time.
  • Minimum period is one year.
  • Maximum period is 120 months.
  • Interest due can be paid on monthly basis according to the choice of the depositor.
  • Loan can be granted up to 90% of the deposit amount against the pledge of Deposit Receipt in case of need.