Tuesday, April 7, 2009

Deposit

Fixed Account

Features

* Fixed Deposit can be opened with a minimum balance of NRs.
* Payable upon maturity
* Penal interest is levied on withdrawal of FD prior to maturity.
* Interest is payable Quarterly.
* Tax is deducted at source from the interest on saving deposit as per the Income Tax Act, 2058(2001).
* Nomination facility is available.
* Strict confidentiality is assured.

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