Benefit of interest on reinvestment, as the interest accrued on deposit each quarter, gets invested along with the principal
Auto-renewal facility enables you to provide maturity instructions at the time of booking the deposit, thereby, ensuring the Fixed Deposit is renewed for the same tenure on maturity date, without manual intervention, thus resulting in zero interest loss
Higher rate of interest for Senior Citizens
Instant liquidity against Fixed Deposit available, wherein, loan can be granted for up to 90% of the deposit amount, against the pledge of deposit receipts, if requested
Ideal plan to generate interest on surplus funds for a short period of time