#1
June 16th, 2016, 10:41 AM
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Features of Oriental Bank of Commerce
Hello, I want to know the features of the fixed deposits of the Oriental Bank of Commerce. Please provide me.
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#2
June 16th, 2016, 11:32 AM
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Re: Features of Oriental Bank of Commerce
Hello, here I am providing you the features of the fixed deposits of the Oriental Bank of Commerce as under: Features: An Individual can open it either jointly or singly. OBCs staff members and ex-staff members, pensioners and senior citizens are allowed to open their FD accounts with OBC under this scheme An applicant needs to have an operative account (savings/current) at OBC to open a fixed deposit account. Only resident Indians are allowed to open fixed deposit accounts under this scheme. Senior citizens can also open their FD accounts with OBC under this scheme. Oriental Bank of Commerce FD Eligibility: Resident Indians, senior citizens, members of HUF and NRIs are eligible to open their fixed deposit accounts with Oriental Bank of Commerce. Minimum/Maximum amount required to open an FD account with OBC: The bank accepts deposits up to ₹ 1 crore and above. Minimum duration; 07 days Maximum duration: 10 years Interest Rates: The highest rate of interest offered by the bank is 8.60% and the lowest rate of interest for the same is 4.00%. |
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