FD Account

Fixed Deposit is an ASSET CLASS investment, the value of which never depreciates. FDs are most safest investment avenue for every investor, specially those who retired, home makers and all other conservative Investors. This instrument provides consistent returns over the years and time tested. The Interest rates are governed by ROI will vary in tune with changes in the Indian Economy.

FD are Time Deposits. Provides safety security and flexibility. The Scheme is available for minimum 6 months to five years and above

Months
Interest Rate
Maturity Value
ROI
Yield
6 to 1
8.50 %
10,850.00
8.50 %
8.50
13 to 24
9.00 %
11,826.50
9.13 %
18.26
25 to 36
10.00 %
13,009.15
10.03 %
30.09
37 to 48
10.25 %
14,342.60
10.85 %
43.43
49 to 60
10.50 %
15,848.60
11.70 %
58.49
61 >
11.00 %
17,591.00
12.65 %
75.92

Terms & Conditions

  • Minimum Fixed Deposit is Rs. 5000 for a period of one year
  • Interest is annual compounding
  • No TDS is deducted from JSCCL Members
  • FD is not trransferable
  • Pre-closure is allowed subject to applicable rate of interest for that term
  • Depositors can avail loan against FDs
  • In case of the death of customer, the FD will be automatically transfrred to Nominee as per the mandate.
  • Senior citizens will get 0.5% extra
  • Interest is payable on monthly, quarterly and yearly depending on term agreed
  • 3 years and above Deposit of Rs. 25 lakhs and above will get 1% extra