Valsad District Central Co. Op. Bank Ltd.

  • 02632-241424,
    02632-248725
  • vdcobank@yahoo.co.in
  • Valsad District Central Co Op Bank Welcomes You All. Click Here for latest vacancy we have

Fixed Deposit

News
Annual General Meeting on 09/09/2015 at Monghabhai Hall, Valsad New*
ATM Card is launched on 09/09/2015 New*
Net Banking Coming Soon*
Mobile Banking Coming Soon*
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Fixed Deposit
What is a Fixed Deposit Bank Account ?

All Banks in India offer fixed deposits schemes with a wide range of tenures for periods from 7 days to 10 years. These are also popularly known as FD accounts. The term “fixed” in Fixed Deposits (FD) denotes the period of maturity or tenor. Therefore, the depositors are supposed to continue such Fixed Deposits for the length of time for which the depositor decides to keep the money with the bank. However, in case of need, the depositor can ask for closing (or breaking) the fixed deposit prematurely by paying a penalty (usually of 1%, but some banks either charge less or no penalty).

Facilities In Fixed Deposit Account
Apply Online For Account

Refer KYC Document List For Opening Account

Submit your Inquiry for Opening New Account

Know About Interest Rate

Refer Interest Rate Page for Fixed Deposit Account

Download All Forms Click Here