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.
