Non Cumulative Deposits

Avail this scheme in order to receive periodic payouts of interest earned on your deposit. The minimum tenure for this scheme is 15 days and maximum tenure is 10 years. This scheme attracts a compounded rate of interest at a discounting factor. Interest is payable on maturity on deposits held for periods below 181 days and for other tenures one can opt for interest payment at Monthly / Quarterly / Half-yearly / Yearly intervals.