CentMP Special Deposit Scheme:

 

Amount of deposit
Min Amount:Rs.1000 Max Amount:Rs.1 crore
Period of deposit
300 days
Rate of Interest
The rate prevailing on the date of deposit is applicable .Please click the Deposit Interest Rates link for prevailing rates
Additional Interest
(1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % 

(2) Staff members of the bank are eligible for additional interest @1.00 %

(3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% 

Compounding of Interest
No compounding.Only Simple Rate of Interest
Premature Payment
Payment before maturity of the deposit is available subject to Bank’s rules in this regard 
Loan/Overdraft
Loan /Overdraft against deposit is available as per Bank’s rules

•Terms and conditions applicable 

•Please contact nearest branch for details 

•Bank reserves the right to withdraw this special deposit scheme at any time and stop accepting new deposits under the scheme