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Customer Name: Customer Number Debit Account Number: Scheme: Mode of Operation Maturity Instruction

Mr. Surya Sridhar Goud has a 5-year fixed deposit account with an initial deposit of Rs. 100,000 on May 24, 2021. The account earns an annual interest rate of 6.3% and will mature on May 25, 2026, at which point the total value will be Rs. 136,690. The terms and conditions specify that interest is paid into the original funding account and that the bank will deduct taxes as required by law.

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Surya Goud
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934 views1 page

Customer Name: Customer Number Debit Account Number: Scheme: Mode of Operation Maturity Instruction

Mr. Surya Sridhar Goud has a 5-year fixed deposit account with an initial deposit of Rs. 100,000 on May 24, 2021. The account earns an annual interest rate of 6.3% and will mature on May 25, 2026, at which point the total value will be Rs. 136,690. The terms and conditions specify that interest is paid into the original funding account and that the bank will deduct taxes as required by law.

Uploaded by

Surya Goud
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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INB Ref No.

  Date: 23-06-2021
IW16993433

Dear Sir/Madam

We are pleased to confirm details of the following amount held in deposit with us. Please quote the Account number in all
correspondence. Thank you for banking with us.

Customer Name: Mr. Surya Sridhar Goud Customer Number

Debit Account Number: 00000034996312876 86528879245

Scheme: STD-GEN-PUB IND-181-210D- INR Mode of operation

Maturity Instruction: Repay Principal and Interest Single

e-TDR/e-STDR Tenure Fixed Principal Amt Value Date Maturity Date Value
Account No. Rate
Interest
@

00000034996312876 5 Years 6.3% Rs.100000.00 24/05/2021 25/05/2026 Rs.136690

Terms and Conditions for e -TDR / e-STDR

1. The e-TDR/e-STDR in INR is generated in the same name(s) of the account holder(s) as in the account from which it is funded.

2. The interest on the Term Deposit (e-TDR), and the proceeds of the Term Deposit (e-TDR) or Special Term Deposit (e-STDR) upon
maturity, will be credited to the account from which the e-TDR/e-STDR was funded.

3. Bank will deduct the income tax as per the law applicable and in case no tax is to be deducted, form 15H/G has to be submitted by
the depositor to the branch just after opening the e-TDR/e-STDR and at the beginning of the Financial Year in the subsequent
Financial Years.

4. e-TDR/e-STDR with additional rate of interest for Senior Citizens will be issued if the option for "Senior Citizen " is selected by the
customer and age of customer is 60 Yrs or above, on the date of creating the fixed deposit, as per date of birth recorded with the
Bank. The minimum days and minimum amount applicable for additional rate of interest for senior citizens will be as per Bank's
policy.

5. e-TDR/e-STDR will be disposed of according to the Maturity Instruction given at the time of opening the deposit. In case of auto
renewal,the deposit will be renewed for the same duration for which it was originally kept, at the rate of interest prevailing on the
date of renewal for that duration.If auto renewal instructions are given, the instructions will continue to executed till terminated by
the account holder

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