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Fixed Deposit

find about our attractive FD options
Fixed Deposit - find about our attractive FD options

Learn more about the regular Fixed Deposit Scheme from TMB.

This is among our earliest higher interest bearing savings scheme where in deposits can be made between 7 days to 120 months. Loans against such deposits are also provided. Interest can be withdrawn monthly / quarterly.

 

Product Highlights:

  • Deposits are accepted for fixed period.
  • Account can be opened for a minimum period of 7 days to 120 months.
  • Deposits for a period 7 to 14 days only accepted for value of Rs. 1 lakh and above.
  • Nomination facility is available.
  • Simple interest is eligible, depending upon the period of deposit.
  • Premature closing is allowed, subject to penalty if any.
  • Loans can be obtained against the deposit amount.
  • Interest can be withdrawn in option monthly / quarterly.
  • Standing instruction is accepted for transferring the interest.

Maturity Value Calculator:

A fixed deposit investment of Rs. 1,000.00 at 9.25% p.a. interest rate for 55 months will give you a maturity value of Rs. 1,423.00 / Interest Earning of Rs. 7.00 every 1 month / Rs. 23.00 every 3 months. This interest rate is applicable from May 08, 2008 and is subject to change without notice.

Download the Application Form:

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