Eightieth Anniversary Special Yield Deposits (EASY Deposits) is term deposit scheme, in which the interest is compounded every quarter by way of reinvestment. It is a Deposit where the interest is paid at the time of maturity along with the Principal amount. Thus the scheme generates a large sum of money at the time of maturity. The scheme meets any expenditure in future like children's education, marriage,Purchase of vehicle etc.

• Eligibility for opening of Easy Deposit
  • Resident Individuals
  • Sole Proprietorship Firms
  • Partnership Firms
  • Limited Companies
  • Trust Accounts
  • Association / Clubs / Societies


• How to open

  Should submit the dully filled & signed Account opening form along with;

  • Specimen Signature.
  • Photograph of the operator.
  • ID proof of operator as per KYC norms.( (a) Passport (b) Ration card containing Photograph (c) Driving License (d) PAN card (e) Voters Identity card (f) Unique Identity card issued by the Government of India.)
  • Address proof.
  • Business proof from panchayath/ partnership deed / trust deed/ Articles of association / Registration Certificate / byelaws / minutes copy / authorisation letter
  • Proper introduction
  • PAN card copy for deposits more than   ` 50000/-
  • Initial deposit


• Deposit amount

  It is a Deposit where the interest is paid at the time of maturity along with the Principal amount. These Deposits are accepted in unit of Rs. 91000/-.

• Period of Deposit

  The period of this deposit is one year.

• maturity Value

  Maturity value for this deposit scheme is Rs.1,00,000/- for the each unit deposited.

• Facilities
  • Nomination facility is available on FD A/cs
  • The Bank allows loan to the depositors up on the security of the FDs at a maximum amount of 90% of the amount deposited. For more details about deposit loans please visit the page ‘ deposit loan ’ in this site.
• Interest Rates

  The Bank will provide interest for the fixed deposits kept, according to their maturity periods. Please visit the page of Interest rate on deposits.

  No additional benefits either to the staff members or to the Senior Citizens will be extended to the EASY Deposit scheme.