OGB Fixed Deposit
  Term Deposit

  • A Term deposit is a deposit that has a fixed term. Term Deposits are generally short-term with maturities ranging anywhere from a month to a few years. Please visit your nearest OGB branch for opening of Term Deposit
  Minimum balance

Rs.100 or multiple of Rs.100.No ceiling on maximum amount.
• Individuals
• Individuals jointly with other Individuals
• For minor individual by Guardian
• Sole proprietary concerns
• Firms
• Joint stock companies
  Features & Benefits
• Minimum Rs.100/- per month (in multiples of Rs.100/-). No ceiling on maximum amount.
• Deposit can be opened for period ranging from 1 year to 10 years.(In multiples of 3 months)
• Loan facility is available for deposit up to 90% of the amount present in your deposit account
• Premature closure is allowed at any point of time
• TDS applicable as per the extant IT guidelines.
• Nomination facility available.
For further details, contact the nearest Branch