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Fixed Deposits (Regular Income Scheme)

It is a deposit where the Interest is being paid at Monthly/Quarterly intervals.

Interest payment Date Frequency of Interest Payable
Monthly Quarterly
Last day of every month Every Month * March, June, Sep, Dec

* Monthly interest payment option available for all terms.

For Deposit interest rates click here.

Method of interest credit

  • Interest payments through RBI Electronic Clearing Service/EFT/NEFT/NECS
  • Interest payment by way of at par cheques.