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CENT NON CALLABLE TIME DEPOSIT

No

Features

Description

1

Name of the Product

Cent Non- Callable for 333 days.

2

Type of Deposit

FDR/MMDC/QIDR/MIDR

3

Tenor and rate of interest on Term Deposit 

Period (days)

 

Rate of Interest

333

6.60%

 *The rate of interest will be change from time to time as per  

   ALCO direction.

4

Deposit Amount

Minimum –Above Rs.1 Cr.

Maximum –Up to  Rs. 10 Cr.

5

Additional Rate of Interest

The deposits under the Non –Callable Scheme will attract additional rate of  interest as below-

Senior Citizen-0.50 %                   Super Senior Citizen- 0.75 %

Staff  - 1%                                      Senior Citizen Staff –1.50%

Ex-staff Super Senior Citizen – 1.75%

6

 Account Opening Mode

The product will be opened through Online/Offline mode. The customer has to visit Cent Net Banking /Cent Mobile to open deposit online, If the customers do not have online banking facility, they can get it activated by visiting the Branch.

Other remaining term and conditions are applicable as per existing guidelines.

For more information please contact our nearest Branch.