- Deposits are available for a period of 1 year to 10 years.
- The minimum tenure of the deposit is 1 year. No interest is payable if the deposit is closed before completion of 1 year.
- The deposits are compounded quarterly and paid half yearly; a simple interest payout is also possible.
- The principal and interest are freely repatriable and interest is exempt from income tax in India.
- Overdraft (O/D A/c) facility is available against the deposits.