QIDS (Quarterly Interest Deposit Scheme)

Eligibility

• Individual or HUF.

Other Benefits

• Loan facility is available Upto 80% of the deposit.
• Interest will be deposited quarterly as per instructions of the depositor to his SB, CA or any other account.

Amount of Deposit

• Minimum amount is Rs.1,000/- and in multiples of Rs.100/- thereafter.

Period of Deposit

• Period of deposit varies from 12 months to 120 months.

Nomination

• Nomination facility is available

Rate of Interest

• The bank decides attractive rate of interest from time to time on maturity patterns.