Personal BankingAccounts & DepositsTerm DepositsSIB MAX PLUS-Non Callable Deposits

SIB MAX PLUS”-Non Callable Deposit
 
 

 

  1. Minimum deposit amount of Rs.1,00,00,001/- and Maximum deposit amount of less than Rs.2 Crore, allowed for specific tenure only.
  2. Non-callable Term deposits will not be allowed to be withdrawn prematurely under any circumstances.
  3. The deposit is made available in Cumulative and Simple interest schemes.
  4. In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted value.
  5. No additional interest rate will be applicable for senior citizens.
  6. Loans and Overdraft facilities will not be available against Non-callable term deposits.
  7. TDS and all other feature same as that of other Term Deposits.

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