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Interest ApplicationQuarterly
Min AmtMinimum amount Rs.1000/-
Maximum amount Rs. 50000000/-
Min Period 15 days to 10 years
Other Requirements/Details Suitable for senior citizens with additional rate of interest and value additions
Age proof for having completed 60 years
Free funds transfer upto Rs.5000 p.m or interest earned whichever is higher
Automatic renewal facility for equal period
Loan, Foreclosue, Nomination etc are available
Minimum penalty on foreclosure of deposits
Joint accounts permitted but first named persons should be senior citizens

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