Bank provide opportunity to the prospective customers to invest in Fixed Term Deposits having different maturity/tenure.Customers can choose appropriate term/tenure at their convenience. Individuals, Business Concerns and Institutions can invest their funds in this product.
Product Features
- Profit payable on maturity (Rewarding profit rates)
- No maximum limit of funds
- Automatic transfer of funds/profit to customer account on maturity.
- Free issuance of ATM card against customer account.
- SMS Alerts facility for customer account
- Customer can avail “ Financing” against term deposits
- Premature encashment facility available (conditions apply)
Available Tenures
- 1 Month
- 6 Months
- 2 Years
- 3 Month
- 1 Year
- 3 Years
General Terms & Conditions
- *All profit rates are subject to change without giving any notice to the customers
- Withholding tax and Zakat is applicable as per law/rules
- **Premature encashment of Fixed Terms Deposit and Mahana Amdan Accounts is permissible (Conditions apply).
