A Fixed Deposit (FD), also known as a term deposit or time deposit, is a safe investment option offered by BDCC.
It allows customer to deposit a lump sum of money at a fixed interest rate for a predetermined amount of time and earn assured returns.
FEATURES:
- Minimum period of Deposit 15 days
- Maximum period of Deposit 10 Years
- Service available at all branches
- Minimum Deposit amount 1000
- Maximum deposit amount – No Limit
- TDS is applicable as per Income Tax Rule. Form 15G/15H can be submitted by
the depositor for exemption from Tax Deduction as per IT rule
| SL NO | DETAILS | FOR INDIVIDUAL | SENIOR CITIZEN | OTHER THAN INDIVIDUALS |
| 1 | 15 TO 30 DAYS | 4.60 | 5.1 | 4.60 |
| 2 | 31 TO 45 DAYS | 4.85 | 5.35 | 4.85 |
| 3 | 46 TO 90 DAYS | 5.35 | 5.85 | 5.35 |
| 4 | 91 TO 179 DAYS | 6.10 | 6.60 | 6.10 |
| 5 | 180 TO 1 YEAR | 6.60 | 7.10 | 6.60 |
| 6 | 1 YEAR TO 10 YEARS | 7.60 | 8.10 | 7.60 |