Accounts are opened for periods ranging from 12 months to 3 years. Affords protection against fluctuation in exchange rates.
Interest is payable at half-yearly intervals only.
Interest is compounded every 6 months under the reinvestment plan. Renewal of deposits should be done within 14 days of falling due to earn interest from the date of maturity. Please avail of Safe Custody and Automatic Renewal Facility at the branch. Loan facility available. Foreign currency loans are also available against these deposits.