Cosmos Bank

An Exclusive term deposit scheme made for our esteem customers. The scheme has attractive interest rates than regular term deposits, which will maximise the returns. Minimum deposit amount under the scheme is Rs. 10001000.00( Rs. One Crore, One Thousand only - Single receipt) and further in multiples of Rs. 1000.00. Reinvestment facility is available under the scheme. Fixed Deposit under this scheme will have lock in period till tenure of the deposit. Premature withdrawal is not permitted under the scheme.

Eligibility

Resident individual (held singly or jointly), HNIs, NRO, Clubs, Association, Educations Institutions, Partnership firms and Registered Companies, Credit-Co-op. Societies and non- scheduled UCBs, HUF which are eligible to open term deposit accounts as per Bank’s guidelines.

Facility

Re-investment facility of existing deposits is available under the scheme
Nomination facility available under the scheme
Monthly/ quarterly interest pay-out

Documents Required

KYC required as per guidelines.

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Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Cosmos Bank

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Ideal for people

Depositors expecting higher returns on Bulk investment

Good to Know

Non-Callable Deposit is the Term Deposit that cannot be withdrawn before maturity date.
Non-Callable Deposit scheme is available only for Bulk Deposits i. e. minimum deposit amount should be of Rs. 1,00,01,000.00.
Overdraft facility is not available for Non-callable Deposit scheme.
Non-Callable Deposit cannot be taken as security for any kind of advance sanctioned.
Auto renewal not available under the scheme.
For further details, kindly contact the bank.

Internet Banking

Non Callable Deposit Scheme

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