Product Type & Tenure:

  • Special Notice/Call Deposit (no fixed term; high-balance operational account).

 

Target Customers:

  • Institutions, Corporates, Government, NGOs.

 

Profit Payment:

  • Profit-sharing: calculated on daily closing balance, credited half-yearly (June & Dec) or at account closure (weightage-based).

 

Key Features / Benefits:

  • Flexible notice deposit.
  • Combines features of a current account and savings account.
  • Unlimited withdrawals & deposits, while earning profit on daily balances.
  • Cheque book facility available.