Dhanam + and ++ Savings Account

Features

• Flexible term deposits with interest reduction on premature closure
• Minimum deposit of Rs. 5,000 with subsequent multiples of Rs. 1,000
• Free cheque book with a savings bank account or a certificate of deposit account
• Interest on eligible units paid on due date at prevailing term deposit rates of 46/91 days as per Income Tax Act provisions
• Rs. 500 minimum remittance amount from the fixed deposit; amounts in excess rounded off to the nearest Rs. 100
• Rs. 500 minimum withdrawal by cheque only; amounts in excess rounded off to the nearest Rs. 100
• No interest paid if deposit is closed within 15 days from the initial investment