Fixed Deposit Schemes

If you are looking for deposit and save some amount beyond the regular savings account and also looking for some higher economical return, NDC Bank has the right solution for you. NDC bank provides the flexibility for both lumpsum Deposit for a fixed tenure under our Fixed Deposit product category. But for those who wish to take the good practise of savings in a more organised and planned manner, NDC Bank offer its member – Recurring Deposit products, whereby you can define the prefixed periodic deposit amount for a definite period and thus benefit from higher returns then your regular Savings account. For further details reach your closest branch and your very own friendly banker would be at your service.

Fixed Deposits –

• Great ways to generating optimum savings rate for large sum of deposit for a fixed tenure, NDC bank offers wide options from very short interval of 15 days (interest rate of 4.5%) to long term deposit of up to 5 years under DJDB/QIC deposit scheme (interest rate of 8.0%).
• Also available various other intermediate period special deposit schemes that are made available for members from time to time like; Bharat Ratna Swargiya Lata Mangeshwar FD scheme and the NDCB 555 Days scheme and with attractive special interest rate as high as 8.25% and 9.0% respectively.
• NDCB offers an option to draw short-term loans against your fixed deposit with a nominal interest of 2% over your deposit rate there by giving you an option to not break your long drawn deposit and yet address your short term financial needs.

Recurring Deposits –

• We have all learnt that savings are some of the good habits and we have all been motivated to nurture these habits right from our child hood. But what if this good saving habits is further incentivised with higher interest earnings. NDC Bank’s Recurring deposit plan are just meant to provide you this benefit.
• Other than the fixed tenure Recurring deposit scheme offered to our members, NDC Bank also offers special deposit schemes like the School Fees Payment deposit plans (12 & 24 months) and the special Pension Recurring Deposit scheme yielding you interest as high as 8.5% for senior citizens.