Term Deposit

Term Deposits

Karassery Bank offers various types of Term Deposit schemes that suit investor's requirements in the form of Fixed Deposits and Recurring Deposits.

Various Term Deposit scheme available with us include

  • Fixed Deposits (FD) - Option to collect interest at regular intervals
  • Recurring Deposit (RD) - Schemes where investors can remit regular monthly amount to achieve specific financial targets
  • Day Deposit (Pigmy Deposit) - Remittance and payment facilitated through collection agents

deposit

Term Deposit Account can be opened by

  • Individual - Single or Joint
  • Minors - with guardian
  • Registered societies/ trusts
  • Hindu Undivided Families (HUFs)
Click here to download application form