Why just let your money idle; when Nav Jeevan Bank Ltd. offers quite good Term Deposit Schemes, depending on the durations with attractive interest rates. We have different type of deposits as your requirements.
Types of Term Deposit products
⇒ Fixed Deposit
⇒ Reinvestment Deposit
⇒ Monthly / Quarterly Income Deposit
⇒ Recurring Deposit
⇒ Daily Deposit
Features
♦ Easy Investment with attractive returns.
♦ Deposit up to Rs.5.00 Lacs per depositor insured with DICGC.
♦ Extra Interest Rate benefits to Senior Citizen Customers.
♦ Nomination Facilities are available for all types of deposits.
♦ Monthly/Quarterly Interest Payout facilities is available.
♦ Facility for Loan/overdraft on deposit amount.
♦ Enjoy easy RD Installment credit options from your savings account through standing instructions.
Who can & How to open an Account
It can be opened by any Individual singly or jointly, minor with natural guardian, HUF, Trust or Registered Society.
Blow mention documents are requiring for account opening
♦ Duly filled Account Opening Form. Click here for download.
♦ Passport size photo
♦ Proof of Identity - Latest Official Valid Documents duly self-attested. Documents like – PAN Card / Aadhar Card / Passport / Driving License / Voter-Id, etc.
♦ Proof of Address - Aadhar Card / Passport / Gas Connection Card / Electricity/ Telephone Bill / copy of Other Bank Account Passbook.
Important Note:
Tax at Source is deducted as per the Income Tax regulations prevalent from time to time.
In the absence of PAN details, TDS at a higher rate of 20% will be applicable on resident time deposit with interest income of Rs.50,000 or above to general category and Rs.100,000 or above to Senior Citizen category during the financial year.
Rules governing Term Deposit are subject to any directive that the RBI / Central Government may issue from time to time and will be binding on the Depositor/s without notice.