Fixed Deposit:
Invest your lump sum amount in a Fixed Deposit and avail features like guaranteed returns, auto renewal or premature withdrawal.
Invest today by visiting your nearest RCCB branch.
Features
- Minimum period of deposit - 7 days
- Maximum period of deposit- 10 Years
- Available at all branches
- Maximum deposit amount: No Upper Limit
- Interest on a Term Deposit is payable to the depositor quarterly from the date of issue or at maturity along with principal.
- Nomination available in favor of individual only
- Transferability allowed among our branches
- TDS is applicable as per Income Tax Rules. Form 15G/15H can be submitted by the depositor for exemption from tax deduction as per IT Rules.
- Senior Citizens can avail a higher rate of interest
- Loan against deposit is allowed