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This is a form of term deposit wherein the depositor can deposit money for 12
months or more. The interest will be credited to the depositor on a monthly
basis. The depositor must have or (open a new) Savings Bank account to enable the bank to credit the
interest in the SB account.
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| Eligibility | All types of customers. | ||
| Minimum Amount | Amount: Rs 1000. | ||
| Maturity Period | The deposit can be accepted for a period of 12 months and above. | ||