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Commercial Fixed Deposit PDF Print E-mail

Main Features

  • Minimum Deposit amount is 1,000,000/=
  • Minimum period of 3,6,12 months
  • Maximum period of 12 months
  • No withdrawals
  • Early withdrawal forfeits interest
  • Ability to roll over savings after expiry period
Benefits
  • Can borrow against the deposit
  • Interest of up to 10% for balances up to 499 Million.
Basic Requirements
  • Initial deposit of 1,000,000/=
  • Proper documentary identification of the company
  • Letter of recommendation from registrar of companies to open up the account in PostBank
  • 2 Passport size photos of each signatory.

 
 

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