TERM DEPOSIT ACCOUNT:

TDR stands for Term Deposit Receipt. TDR is a type of Fixed Deposit where you can choose to receive the interest either Monthly, Quarterly, semi-annual profit plan. This scheme is also known as Interest Payout option. This scheme is suitable for those who expect to receive regular income.

 

Key features:

  • Safe investment option
  • Guaranteed returns
  • Regular monthly or quarterly income
  • Senior Citizens get extra interest rate compared to other customers