Deposit Products
Choose from a range of deposit products tailored for short-term liquidity, steady monthly savings, or long-term wealth building.
Monthly Interest Deposit Scheme
Tenure
1 year to 10 years
Min. Amount
₹1,000
Interest Rate
As per applicable rates
Payout
Monthly Interest By Pay Order / Credit to Account
- Minimum 1 year and maximum 10 years tenure
- Monthly interest via Pay Order / Credit to Account
- Minimum deposit: ₹1,000
- Pledging of deposit allowed
- Premature withdrawal allowed with 1% penalty
- Additional interest rate for Senior Citizens
- Eligible for Individuals, Minor by guardian, Organizations, Co-op. Societies
Recurring Deposits
Tenure
1 year to 10 years
Min. Amount
₹100 per month
Interest Rate
As per applicable rates
Payout
Quarterly Compounding Interest payable on maturity
- Minimum 1 year and maximum 10 years tenure
- Quarterly compounding interest payable on maturity
- Minimum ₹100 per month
- No maximum limit on deposit amount
- Pledging of deposit allowed
- Premature withdrawal allowed with 1% penalty
- Additional interest rate for Senior Citizens
- Eligible for Individuals, Minor by guardian, Organizations, Co-op. Societies
Quarterly Interest Deposit Scheme
Tenure
1 year to 10 years
Min. Amount
₹1,000
Interest Rate
As per applicable rates
Payout
Quarterly Interest By Pay Order / Cash / Credit to Account
- Minimum 1 year and maximum 10 years tenure
- Quarterly interest via Pay Order / Cash / Credit to Account
- Minimum deposit: ₹1,000
- No maximum limit on deposit amount
- Pledging of deposit allowed
- Premature withdrawal allowed with 1% penalty
- Additional interest rate for Senior Citizens
- Eligible for Individuals, Minor by guardian, Organizations, Co-op. Societies
JP Tax Saver Fixed Deposit Scheme
80C Tax Benefit 5 Years Lock-in
Tenure
5 years (fixed)
Min. Amount
₹5,000 (in multiples of ₹1,000)
Max. Amount
₹1,50,000
Interest Rate
As per applicable rates
Payout
Monthly / Quarterly / Compounded Quarterly
- Fixed 5 years period of deposit
- Interest payable monthly (discounted) / quarterly / compounded quarterly
- Minimum deposit: ₹5,000 (in multiples of ₹1,000)
- Maximum deposit: ₹1,50,000
- Pledging of deposit NOT allowed
- 5 years lock-in period
- Tax exemption under Section 80C of Income Tax Act
- Deposit can be in single or joint names
- Tax benefit available only to first holder
Short Term Deposit Scheme
Short Term
Tenure
7 days to 365 days
Min. Amount
₹1,000
Interest Rate
As per applicable rates
Payout
Quarterly Interest payable on maturity
- Minimum 7 days and maximum 365 days tenure
- Quarterly interest payable on maturity
- Minimum deposit: ₹1,000
- Pledging of deposit allowed
- Premature withdrawal allowed with 1% penalty
- Additional interest rate for Senior Citizens
- Eligible for Individuals, Minor by guardian, Organizations, Co-op. Societies