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CENT-777 DEPOSIT SCHEME

The features of the scheme are as under

Name of the Product CENT - 777 DEPOSIT SCHEME
Type of Deposit Term Deposit in nature with an option of interest payment at monthly/ quarterly/ half yearly intervals or cumulative type
Period of Deposit The Deposit will be accepted for a fixed period of 777 days. No deposit will be accepted under the scheme for a longer or shorter period.
Deposit Amount Minimum - Rs.1,000/-
Maximum – Less than Rs.1 crore.
Rate of Interest The deposits under the Scheme will attract interest at the rate of  6.50%.  Additional interest for Senior Citizens & Staff as per existing norms.
Premature Withdrawal Though the deposit is accepted for a fixed period of 777 days, a customer may opt for premature withdrawal of deposit.  However, the interest payable for such premature withdrawals will be as per our instruction circular no 1124, dated 27th April 2013.

Account Opening Forms:


Deposit Account Opening Form
For Individual (Click This Link For Detailed Instructions)


Click Here To Download

KYC Information


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Part I

Customer Information Form


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Part II

Deposit Account Opening Form


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