#1
May 3rd, 2016, 10:35 AM
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Indian Overseas Bank FD Plans
Will you please get some information about Indian Overseas Bank Fixed Deposit Plan so that I can have I idea about it?
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#2
May 3rd, 2016, 10:36 AM
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Re: Indian Overseas Bank FD Plans
No to worry buddy I will tell you the Indian Overseas Bank Fixed Deposit Plan so that you can go through it easily. A fixed deposit account allows you to deposit your money for a set period of time, thereby earning you a higher rate of interest in return. Fixed deposits also give you a higher rate of interest than a savings bank account. Benefits The option to withdraw the deposit at any time before maturity without any difficulty You can avail loans upto 90% of the principal Variable deposit periods ranging from 6 months to 120 months You get interest once in 6 months Minimum Amount deposit The minimum deposit amount is Rs. 1,000/- Deposits can be made in multiples of Rs. 100/-. Interest rates Deposit Accounts NATURE RATE OF INTEREST MINIMUM BALANCE NORMAL SENIOR CITIZEN Rural Semi Urban Urban ACCOUNT 1. Savings Bank A/c. A. Domestic a. With cheque book facility 4.00 4.00 500.00 500.00 1000.00 b. Without cheque book facility 4.00 4.00 100.00 100.00 500.00 c. No Frills Account 4.00 4.00 5.00 5.00 B. Non Resident a. NRO 4.00 4.00 b. NRE 4.00 4.00 Address:- Indian Overseas Bank 763 Anna Salai, Chennai - 600002 Phone:- +91-44- 2852 4212 |
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