Home | Products | Deposits | Term Deposit

Whats New

  • RBI grants Authorised Dealer – category II for retail forex license to Apna bank
  • BSI certifies Apna Bank with the upgraded ISO 27001:2013 cerification for information Security
Term Deposit


Deposits kept for a fixed period of time. The time period of the deposit is decided at the time of opening of new deposit account . The deposit can be withdrawn / renewed on maturity.

Product Features


Various schemes of Term Deposit

  1. Fixed Deposit (FD) 
    • Minimum deposit amount :Rs.100/-
    • Minimum deposit Period : 14 days
    • Interest can be paid on maturity or
    • Quarterly as instructed by customer
  2. Auto Renewal FD
    The deposit will be renewed automatically on maturity for the same period with or without interest as instructed by the customer

  3. Monthly Income Plan (MIP) / Quarterly Income Plan (QIP) 

    Interest on Deposit paid monthly / quarterly as opted by the customer.
    The amount can the paid by payoder or transferred to his/her account.

  4. Recurring Deposit (RD) 

    A fixed amount is to be deposited every month.
    The deposit period can be fixed to 12 months and in multiples of the same

  5. Cash Certificate

    Deposit Period – 1 year to 10 years
    Interest : Quaterly compounding.
    i.e earn interest on interest.

  6. Dam Duppat 

    On maturity get double the amount of the amount deposited
    Interest : Quaterly compounding.
    i.e earn interest on interest.

Avail Loan Upto 90% of the present value of your term deposit 


The Account can be opened by

  • Individuals
  • Two or More Individuals
  • Guardians on behalf of minor
  • Partnership Firm, company, association.
Rate of Interest Varies periodwise, productwise
Documents required
  • Duly filled Account opening form using rubber stamp wherever required
  • K.Y.C form
  • 2 nos Photographs (Passport Size)
  • Introduction
  • PAN Card
  • Residential Proof any one of the following
    • Ration card
    • Electricity Bill (Bring Originals for verification)
  • Photo + Residential proof
    • Passport
    • Election Identity card
    • Aadhar card
    • Driving License (Bring Originals for verification)
  • Additional Documents for Institutions/Trust/Club /Associations / Co-op soc. / Local Bodies
    • Certified copy of Partnership/Trust deed 
    • Registration Certificate
    • List of office bearers / Trustees incase of Societies /Associations/Clubs/Trusts
    • Certified copy of Resolution