Sankalp Double Deposit

Sankalp Double Benefit Deposits provide a higher yield on the principle at the end of the stipulated period as the interest is compounded on quarterly basis. This scheme is useful for long term investment from 94 months. KYC (Know Your Customer) Norms for opening account are applicable for these accounts also hence proof of residence and proof of identification will be required along with recent photograph of the depositors.

Types of Accounts:

The Accounts may be opened in the names of :

• Minors.
• Individual — Single Accounts.
• Two or more Individuals — Joint Accounts.
• Joint Hindu Families (accounts of non-trading nature only).