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Mahesh Bank provides various Term Deposit schemes at attractive interest rates. Term deposit having additional interest earning for senior citizens. Nomination facility available.
The minimum period of deposit is 15 Days, while the maximum period of a deposit is 10 years.
Fix Deposit (FDR) with monthly (M), quarterly (Q) and cumulative (REV) interest payable options available.
Premature withdrawals are allowed however, at the discretion of the bank, they may allow you for foreclose of your account before the maturity period on certain conditions.
Deposit upto 5 Lakh inclusive of Interest Per Person is insured with DICGC (Deposit Insurance Credit Guarantee Corporation).