FixedTo fulfill the needs & meet the expectation of its valued customers, Tourism Development Bank Ltd. has launched fixed deposit. This deposit as the name suggest is fixed with the time period. Fixed deposits can be made for a period ranging from 6 months, one year or above. It offers a very attractive interest rate.
Individuals can secure their return guaranteeing the interest rate not to change for the nominated term through this deposit. Interest on these deposit are paid at the end of every quarter. Customers can borrow from the Bank against their fixed deposit certificates in case of fund requirement before maturity. Following are the interest rate provided on fixed deposit based on maturity periods.
|Products||Interest Rate (P.A) on Daily Balance|
|Products||Payble Quarterly||Payble on Maturity|
|3 Month FD (Individual)||9.00 %||-|
|6 Month FD||10.00%||-|
|115 days Swornim Muddati
(Minimum Balance: Rs. 10,00,000)
|1 Year Above(Individual)||12.00%||12.25 %|
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