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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.
 
  Eligibility
• Individuals
• Individuals jointly with other Individuals
• For minor individual by Guardian
• HUF
• 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