Time Deposits
Salient Features.
- For Individuals.
- For Corporates.
- Available in Currencies USD,HKD,GBP,CAD,SGD,NZD,AUD,AND EUR
- No upper ceiling.
- Tenure ranging from 1 Month to 4 years & 11 months.
- Auto renewal facility.
- Attractive interest rates.
- In case of premature payment of deposits i.e. withdrawal of time deposit before the maturity date for retail customers, the interest* will be paid as per the rate applicable on the date of deposit for the period the amount was with the bank. Premature withdrawal penalty is 0.10%.
- Easy money transfer to India
- Attractive INR exchange rates.
*Please refer to our T&C for penalty on Premature closure of the time deposit.