Shree Mahuva Nagrik Sahakari Bank Ltd. Recurring Deposit Scheme with very attractive Interest Rates.
- Tenure or Recurring Scheme is Minimum 12 Months and Above.
- Minimum Amount to Open Recurring Account is ₹ 100.00 and Multiplication of it.
- For Senior Citizen (above 60 year) or Staff 0.50 % Extra in Interest rate provide by bank
- To Open Recurring Account in Bank Customer Must Need to Fulfill KYC norms as per RBI Guideline.
- Customer Need to Credit Installment on Monthly Regular Basis On or Before Account Opening Date otherwise Interest Amount May Differ on Maturity Date.
- Bank Provides Auto Debit Facility From Saving Account to Credit Installment Amount.
- TDS on Interest income will be deducted as per Income Tax Rules.
- On Withdrawl of Recurring Deposit Amount before maturity Date than, Interest. Rate Applied on FD and Existing Rate of Interest. On FD from Account Open date to closing date whichever is LOWER - 1.0 % Penalty On that Interest rate will be applied.
- Shree Mahuva Nagrik Sahakari Bank Ltd. Is a member of DICGC in Which Customers Deposit in Accounts Up to ₹ 5,00,000.00 are Secured.
For More Details Please Contact Your Nearest Branch or Call at 02844-222408
