Sb - Savings bank account
savings bank account is interest-bearing deposit account held at a bank that provides a moderate interest rate. … They also make charge fees unless you maintain a certain balance in the account.
RD - Recurring Deposit
Recurring Deposit is special kind of Term Deposit account which help to regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at applicable rate. … Minimum Period of RD is 12 months and maximum is 10 years.
Current Account
savings bank account is interest-bearing deposit account held at a bank that provides a moderate interest rate. … They also make charge fees unless you maintain a certain balance in the account.
Fixed Deposit
A Fixed Deposit a/c is an interest bearing account, where a fixed amount is held at fixed interest rate and is repayable (principal/interest) at a fixed future date as agreed at the time of placement of the Deposits.
- Senior citizen get .5 % additional interest rate applicable interest rate.
- Interest bearing account.
- An investment which is safe and allows funds to be placed for a fixed period with interest rate guaranteed for that period.
- Special FD only for members.
- Automatic Renewal/Disposal the instruction of the customer.