Dhanlaxmi Bank offers a savings account that doubles up as a term deposit as well. With the benefits of both a term deposit and a savings bank account. This Dhanlaxmi Bank Savings Account offers flexible features and is convenient to operate.
Average Monthly Balance | Rs.5000 (Subsequent multiples of Rs.1000) |
Eligibility | Any individual can apply for this account |
Cheque Book/Certificate of deposit account | With savings bank account (For free) |
Premature Closure | Flexible term deposits with interest reduction |
Minimum Withdrawal by Cheque | Rs.500 (Excess amount rounded off to the nearest Rs.100) |
Minimum Remittance Amount | Rs.500 (Fixed Deposit) - Excess amount rounded to the nearest Rs.100 |
Interest | Prevailing term deposit rates of 46 or 91 days No interest, if deposit is closed in a span of 15 days from the first investment |
GST of 18% is applicable on all banking products and services from July 1, 2017 onwards.
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