Term Deposits Account
Watch your money grow at a steady pace with a Term Deposit from Barclays.
Features & Benefits
- You can open a Barclays Term Deposit with a minimum of Rs. 10,00,000.
- Simple or cumulative interest payment – Interest can either be credited on a quarterly basis to your Savings account or be re-invested into your Term Deposit account till maturity.
- Auto renewal# of Term Deposit on maturity
Tax Deducted at Source (TDS)
TDS on deposits as applicable as per the Income Tax rules except where exemption certificate is made available to the bank for each deposit at the beginning of every financial year.
To apply now:
*Terms & conditions apply
#This facility is available for Term deposits for less than Rs 2 crore only.
Above Rs. 2 Crore deposit rates are uploaded on the website daily. 1% premature withdrawal penalty as applicable.
The rates are subject to change without notice. Minimum number of days for which TD should remain with the Bank so as to be eligible for interest = 7 days.
Senior Citizen & Staff-Special rate not applicable. Interest compounded quarterly if FD is for 181 days and above. TDS on deposits as applicable.
To apply now :
Term Deposit Interest Rate - Less than 2 crore :