The minimum tenor for NRE deposit is 1 Year. The deposit is allowed for Non Resident Category also.Sweep-in facility and partial withdrawal is not allowed.Any interest credited or paid upto the date of such premature closure will be recovered from the deposit. In the event of premature withdrawal of these deposits under above mentioned exceptional circumstances, the Bank will not pay any interest on the principal amount of the deposit.However, the Bank may allow premature withdrawal of these deposits in the exceptional circumstance such as in the event of any direction from any judiciary /statutory and / or regulatory authorities or deceased claim settlement cases.
the Fixed Deposits cannot be closed by the depositor before expiry of the term of such deposit. The Fixed Deposits does not have any premature withdrawal facility i.e.2) Simple interest is paid at maturity for deposits =5.25ĥcrore=5.25 crore =5.50 crore =24.75 crore to = 25crore to = 50crore to = 75crore to = 100crore to = 150crore to = 200 crore
