Special Features

  • Ultra short fixed deposits which allow automatic renewal and also withdrawal of part of the deposit
  • Deposit for 30, 46 or 91 days with cumulative or non-cumulative option
  • Partial withdrawal permitted while balance continues to earn interest
  • Freedom from visiting the bank for renewals-Automatic renewal facility
  • Rate of interest as applicable for fixed deposits of like duration

General Features

  • Accounts maintained in Indian Rupees for routing bonafide local remittance like rent.
  • Joint accounts are permitted.
  • Interest earned in the account is subject to Indian Income Tax.
  • Restricted repatriation is  offered.