The bank offers attractive rates on fixed deposits for various maturity periods. Facility for drawing interest on monthly or quarterly basis is also provided.
1. Individuals
2. Institutions
3. Societies
1. Any person or persons approved by the Bank.
2. Co-operative Societies, Registered Trust, Institutions and Associations.
3. By two or more persons in their joint names.
4. By a natural guardian i.e., father or mother approved by the bank on behalf of a minor.
Rs.100/-
1. Interest will be paid on the deposits at the rates in force as per the Reserve Bank’s directive from time to time.
2. Interest amount will be paid at the time of maturity.
Term deposit receipt:
The Bank will issue a receipt in favor of the depositor/s showing the amount deposited, the period for which the deposit is accepted, maturity date and maturity amount.
In case of loss of original Fixed Deposit Receipt the depositors would have to intimate the bank immediately. On an application satisfying the prescribed rules the certificate indicating the particulars of the deposit will be issued to the depositor. The Bank will charge Duplicate Receipt Charges at such rates as in force from time to time.
The Bank reserves the right to alter, amend and rescind the rules from time to time.
* For more details contact our nearest branch.
Current Account with cheque book facility is offered by the bank to its …..
Interest earned on the term deposits and savings deposits attractOn ….
A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradise
Committed to helping you meet all your banking needs.
H.No. 5-5-1, Beside District Court, Yellammagutta,
Nizamabad-503003
development.nzb@nzbdccb.org