Offers higher and secure returns for your investment.
Click Here To View RatesFeatures & BenefitsSenior Citizens (aged 60 years or more) are offered a higher fixed deposit interest rates by banks as compared to general public. They usually earn 0.25% to 0.75% higher interest compared to regular deposit rates for tenures ranging between 6 months to 10 years. Interest Rates for Deposit Products. Interest Rates for Deposit Products (All rates are quoted in per Annum basis) 7 Days Call Deposits (Minimum Deposit Rs.50,000/-) Fixed Deposits (Minimum deposit.
SDB bank provides the highest competitive interest rates for fixed deposits and savings accounts. Apply for low interest loans from SDB bank. Central Bank Policy Rates (Monetary Policy): When the Central Bank reduces the lending rates, commercial banks and finance companies will have to follow to remain competitive. Therefore their lending rates will fall followed by the decrease of Fixed Deposit rates.
Fixed Deposit is a secure investment that offers a higher return to you. In a Fixed Deposit, the return is guaranteed regardless of interest rate fluctuations unlike in most of the other form of investments. Hence it is an easy to understand, tried and tested secure investment method which will give you peace of mind.
Benefits
Interest Payment
Interest will be paid both at maturity or monthly. If you select monthly interest payment option, you are required to provide an account operating under your name.
For deposits less than 1 year, interest could only be earned at maturity.
Placing a Fixed Deposit
Visit any of our Pan Asia Bank branches during its operating hours and produce your identification documents along with a proof of your billing address if it differs from your identification documentation.
Click here to view the current fixed deposit rates
Withdrawals
Withdrawals will be allowed only at maturity upon producing the Fixed Deposit certificate at your account opening branch. Any withdrawals made prior to the maturity will be considered as a premature withdrawal which will be subject to a penalty determined by the bank.
* Terms & Conditions apply
Product features, Interest rates are subject to change from time to time and general business banking conditions will continue to apply. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.