Individuals in their own names or in their joint names or in the names of their minor children, firms, HUF trust, Corporate, Clubs, Associations, Co-operative Societies can invest their surplus funds and earn attractive interest.
Meant for those who wish to invest funds in one lump sum and get interest periodically.
Interest is paid as prescribed by the Bank and as applicable to the period. Interest will be remitted to any person or account at the request of the depositor.