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