Fixed Deposit tailored to your business needs 

Fixed Deposit interest rates are regularly published on the website and revised as applicable

Tax deducted at source (TDS) applies to interest payouts to resident Indian entities

Premature withdrawal penalty will apply on the FDs. Interest will be paid at the rate applicable on the effective date of such deposit up to the period for which such deposit remains with the Bank, and will be subject to payment of applicable penal charges

No TDS is deducted on interest payouts to non-resident entities, provided they have no income tax liability in India