Fixed Deposit or FD is when you deposit in a bank for a certain period at a fixed rate of interest. It is a Great Way to Grow Your Savings FDs offer greater returns on the principal invested when compared to the returns generated from a regular savings account. As a financial tool, Fixed Deposits have been reviewed and verified over a significant period and have constantly reported fair returns. This makes them one of the most reliable preferences when it comes to investments. Fixed Deposits are a safe investment option for someone who is investing for the very first time.
TUNL provides schemes which give high interest return for its members on monthly, quarterly and annual basis as per their preference. It also provides a rate which is best in the industry. We also offers loan against FD for our customer to meet their emergency monetary needs with a convenient interest rate.
Fixed Deposit scheme for our members
- TUNL FD PRIME
Customers can invest their cash as a Fixed deposit for a particular period which is safe and secured with TUNL. They also get a reasonable rate of interest as a return for the FD. Fixed deposit can be deposited for a minimum of 6 months up to a maximum of 5 years.
Depositors can choose from a range of deposit products with maturities at competitive rates of interest and with different features to suit the investment need of the members
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Criteria
- Minimum amount of deposit 10000/-
- Deposit amount should be in multiples of 1000
- Both New and existing members of TUNL can open a Fixed Deposit
- Minimum age limit 18 years
- Incase of Minor, there should be a guardian
- The guardian should complete 18 yrs of age
0.5% extra interest for Senior Citizens, Central Govt employees and Ex-service men.
Benefits
- Freedom to choose the Interest pay-out option
- Transact conveniently through our Mobile banking app
- Get best-in-class interest Rates
How to Apply Offline?
Step 1: Visit the nearest branch of TUNL and our Relationship Manager will guide you on the application process.
Step 2: You can also contact us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process.