Term Deposits ranging from 7 days and above
No penalty on premature closure upto Rs. 50 lacs. Special rates for amounts more than Rs. 15 lacs are quoted on a daily basis.
Flexible term deposits from 7 days and above
Deposits can be placed in units of Rs. 1/- giving you the convenience of withdrawal in an emergency. Special rates for amounts more than Rs. 15 lacs are quoted on a daily basis.
Certificate of Deposits
CDs are attractive investment instruments, which are placed at discounted value. They are freely transferable unlike fixed deposits.
MIBOR-linked deposits for short-term tenors
For Rs. 1 crore and above. Rates are quoted on a daily basis.
IBL Registration Number NSE: INE231308847
MCX Stock Exchange Limited: INE261314434 for dealing in currency derivatives segment