Objective
In Reinvestment Deposit Account interest will be re-invested and compounded quarterly. The principal amount and cumulative interest is payable on maturity date.
Reinvestment Deposit Account
In Reinvestment Deposit Account interest will be re-invested and compounded quarterly.
Tenor for the Deposit
Min. 6 Months to Max. 120 Months
Eligibility
Existing and New Customers of Puducherry Grama Bank
Interest Rate
Rate of interest is subject to bank scheme guidelines, may change from time to time.
Please refer our Interest Rate site / visit our nearest branch.
Please refer our Interest Rate site / visit our nearest branch.
Amount of Deposit
Minimum ₹100/- or in Multiple of ₹100.
Salient Features
There is no Pre Closure charges Upto 15 Lakhs
Loan Against Deposit (LAD) is eligible.
Nomination facility available
Automatic Renewal
Automatic roll over of deposit on maturity is available for depositors.
TDS (Tax Deducted at Source)
The tax on interest shall be deducted in accordance with the provisions of section 194A or section 195 of the Income Tax Act.
Ready to explore this deposit further?
Visit your nearest branch to confirm eligibility, interest details, maturity terms, and the full account opening checklist.
