Term Deposit

Scheme NameScheme Description
MONTHLY INTEREST SCHEME DEPOSIT Monthly Interest Scheme required saving account. Every month interest is transfer to saving account. Period is 12 month to 60 month. Interest calculation is normal. If deposit withdraw within 31 days than interest is not apply. If the deposit is prem
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Also providing following facilities shortly:

Tie up with IDBI Bank for issuance of Demand Drafts: This facility will be helpful for issuing demand drafts on approximately 500 centers of IDBI Bank. In this facility we can issue the demand drafts to the customer having special demand for Nationalized Banks demand drafts for payment of custom etc.
NECS( National Electronic Clearing System): In this system the ECS file will be uploaded centralized at MRO. Initially only the credit transactions will be uploaded. The settlement cycle for the same is one day only.