High Networth
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Features
- Higher rate of interest is paid to High Networth customers for all categories of deposits in case of a single receipt of Rs.1 crore and above.
Eligibility
Nationality Indian
Open an account
- Individual account - ANNEXURE-A-INDIVIDUAL SAVING-CURRENT ACCOUNTS
- Society /Clubs /Association /Trus - ANNEXTURE-E-SOCIETY-ASSOCIATION-CLUBS-TRUST ACCOUNTS
- ANNEXURE -B-SOLE PROPRIETORSHIP ACCOUNTS
- ANNEXURE-C-PARTNERSHIP ACCOUNTS
- ANNEXURE-D-COMPANIES ACCOUNTS
Interest Rate
View Interest Rate Click Here
TDS
TDS will be deducted as per applicable Income Tax rule. At per the prevailing rule, TDS will be deducted if the aggregate of interest exceeds Rs.40,000 unless Form 15G/ Form 15 H is submitted at the beginning of each financial year.