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QIDS

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QIDS
(Quarterly Interest Deposit Scheme)
Eligibility
  • Individual or HUF
Other benefits
  • Loan facility is available Upto 80% of the deposit.
  • Interest will be deposited quarterly as per instructions of the depositor to his SB, CA or any other account.
Amount of Deposit
  • Minimum amount is Rs.1,000/- and in multiples of Rs.100/- thereafter.
Period of Deposit
  • Period of deposit varies from 12 months to 120 months.
Nomination
  • Nomination facility is available
Rate of Interest
  • The bank decides attractive rate of interest from time to time on maturity patterns.

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