High-5-FD Deposits account
This is a unique high return Five year Fixed Deposit Account. You can also avail Loan/OD facilities up to 85 % of the High5FD at a very competitive interest rate of 1.5%.
High5FD is the ideal investment for depositors who target a stable return from their deposits
The Essentials
You can earn a high return for 5 years fixed deposits.
You have to place your deposit for 5 years.
This account provides a stable and high return on your investment even during volatile market conditions.
Feature of the High 5 FD
- High 5 FD provides pre mature withdrawal options to meet your unforeseen cash flow requirements.
- High 5 FD provides convenient pre mature withdrawal options with interest benefits on the following basis up to the date of withdrawal.
- You can also avail Loan/OD facilities up to 85 % of the High5FD at very competitive interest rate.
- High 5 FD is the ideal investment for depositors who target a stable return from their deposits without getting affected by the short term interest volatility in the market.
- This deposit is well suited for a fund manager to secure a stable, high income in the medium term, by hedging against market fluctuations.
Placing a HIGH5FD Deposit
- You can visit a branch of your choice and discuss your requirement with an officer.
- Please fill the relevant application form and hand it over to the branch. Remember to take your national identity card/driving license or passport. This is necessary for us to identify you.
Withdrawals
Withdrawals will be allowed only after 5 years of placing the deposit.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.