Dhanam + and ++ Savings Account
Dhanam + and ++ Savings Account
Dhanam+ & ++, combines the benefits of a term deposit with the flexibility and convenience of a savings bank account.
AMB# - Rs. 5,000
Apply Features
- Flexible term deposits with interest reduction on premature closure
- Minimum deposit of Rs. 5,000 with subsequent multiples of Rs. 1,000
- Free cheque book with a savings bank account or a certificate of deposit account
- Interest on eligible units paid on due date at prevailing term deposit rates of 46/91 days as per Income Tax Act provisions
- Rs. 500 minimum remittance amount from the fixed deposit; amounts in excess rounded off to the nearest Rs. 100
- Rs. 500 minimum withdrawal by cheque only; amounts in excess rounded off to the nearest Rs. 100
- No interest paid if deposit is closed within 15 days from the initial investment
Eligibility
- The account can be opened by individuals.