The Non Withdrawable Deposit is offered for amount 5 crore and above only.The deposit will be booked with maturity instruction as ‘Do Not Renew’. The minimum tenor for NRE deposit is 1 Year. The deposit is allowed for Non Resident Category also.Sweep-in facility and partial withdrawal is not allowed. Any interest credited or paid upto the date of such premature closure will be recovered from the deposit.
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