[ad_1] FEATURES & BENEFITS Deposit Amount Rs. 1000/- and above. Tenure 1 year to 10 years. Interest rate Fixed. Interest application Simple Interest (Discounted). Interest payouts Monthly. Premature withdrawal Allowed with penalty. ELIGIBILITY A person in his/her name. More than one person in their joint names. Minor through parents/guardian.Continue Reading
[ad_1] Who can open a Special Bachat Deposit account with J&K Bank? Special Bachat Deposit account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors. Never Miss An Update After Joining This Group Join Our What’s Group Click Here Continue Reading
[ad_1] FEATURES & BENEFITS Amount of daily Installment Rs. 100/- and above in multiples of Rs. 50 Tenure 1-5 years. Interest rate Fixed. Interest calculation As applicable to Savings Deposit. Premature withdrawal Allowed ELIGIBILITY Individuals. Joint account holders Proprietors Individual partners. DOCUMENTATION Application Form Photograph of depositor/s (2 copies) Documents as Continue Reading
[ad_1] Who can open an account under Smart Saver Deposit Scheme of J&K Bank?Accounts under this scheme can be opened by: Individuals, singly or joint, and HUF (Hindu Undivided Families) shall be eligible to open Smart Saver accounts linked with savings bank accounts. Individuals, Sole Proprietorship, HUF, partnership firms andContinue Reading
[ad_1] Monthly Installment Rs. 100/- and its multiples. Tenure 7, 9 and 10 years as recurring (Phase-I) and 5 , 7 and 10 years respectively as term deposit (Phase-II). Interest rate Fixed. Interest rates as per the rates prevalent at the beginning of the respective phases. Interest application Quarterly compounded interest. InterestContinue Reading
[ad_1] SBI Special Term Deposit Scheme Check Features and Benefits This product is a variant of Term Deposits but instead of Interest being paid out at a regular frequency during the period of deposit; here it is paid out only at the time of maturity. Regular interest isContinue Reading
[ad_1] On 10 May 2022, the government had implemented these rules by issuing a notification. PAN Card and Aadhar Card have been made mandatory for depositing large amounts of cash in one or more banks in a financial year. Similarly, the government has also set the limit for cash transactions.Continue Reading
[ad_1] FIXED DEPOSIT RECEIPT (FDR) Non-cumulative term deposit where simple interest is paid on quarterly basis. ELIGIBILITY Resident Individuals (sole or joint account) Hindu Undivided Families. Minor through parents/guardian. Sole Proprietorship Concerns, Partnership Firms Private and Public Limited Companies Associations, Clubs, Societies, Trusts etc. FEATURES & BENEFITS Deposit Amount:Rs. 100/-Continue Reading
[ad_1] Who can open a Special Bachat Deposit account with J&K Bank? Special Bachat Deposit account can be opened by individuals, either singly or jointly, Parents/ Guardians on behalf of minors. What is the minimum Average Monthly Balance required to be maintained? Minimum AMB of Rs. 10000/-. What are the benefitsContinue Reading
[ad_1] Finance Minister Nirmala Sitharaman (Photo:PTI) Delhi: Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh. In her Budget Speech, the minister also announced a new small savings schemeContinue Reading