bob earth Green Term Deposit

Bank has specially designed this product which shows our commitment towards the goal to save environment. Bank has proposed a period of 1.5 years which reflects to limit temperature rise to 1.5°. Bank has proposed a period of 777 days which is a special number encourages you to contemplate your direction in life for a noble cause i.e. love for nature. Bank has also proposed a period of 1717 days under Green Deposit where 17 represents 17 sustainable Development Goals by UN and our Bank doubly emphasis on it.

• MINIMUM DEPOSIT AMOUNT- Rs 5,000/- (and further in multiples of Rs. 100/-) for Callable Deposits. Above Rs. 1.00 crore for Non-Callable Deposits
• MAXIMUM DEPOSIT AMOUNT-Less than Rs. 2.00 Crores
• Sr. Citizen Preferential Rate is applicable only for “Resident Indian Sr. Citizen”.
• Nomination facility will be available.
• Auto-renewal facility will be available.

• An individual in his own name.
• Jointly by more than one individual.
• Minor of age above 14 years on terms as laid down by the Bank.
• In the names of Clubs, associations, Educational Institutions, Partnerships and joint stock companies and any other institutions, which are eligible to open a Term Deposit, account as per Bank rules.
• The product is available for minor account having age of 14 years and below with a maximum amount that can be accepted in minor account of this age group is  Rs. 1,00,000/-.

As per existing terms for FDR All documents applicable to 'Fixed Deposits' will apply.

bob earth Green Term Deposits - Domestic & NRO Deposits below ₹ 3.00 Crores, ROI in % [Fresh & Renewal] - (w.e.f 12-06-2024)

• Rate of Interest to Senior Citizen: An additional interest to Resident Senior Citizens as per Bank's guidelines is payable for deposits below Rs. 3.00 Crores only. Senior Citizen rate is not applicable to NRE/NRO/Capital Gain/FCNR. For latest rates, please visit
• Tax Deduction at Source:TDS will be deducted as per income tax rules. No TDS will be deducted if a person submits form 15G/15H as applicable.
• TDS Certificate:TDS certificate will be provided to all customers.
• Advance against Callable Deposits: This facility is not available to a minor account in single name and HUF. If the interest is not deposited for more than 2 quarters, term deposit will be apportioned immediately.
• Advance against (Except Non-Callable Deposits): Loan / Overdraft / Advance facility is not available against the security of Non-Callable Deposits as per Bank’s guidelines.
• Interest certificate available at request of customer
• Deposit certificate-Term Deposit Receipt is provided
• Term deposits can be transferred from one branch to another branch at the request of the customer.
• Mode of Payment: Maturity proceeds are credited to the SB/ CA account of the customer. In cases where there are no operative accounts of the customer, maturity proceeds can be given in cash below Rs. 20,000 above which DD/pay order will be issued.