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NBL Double Dhamaka Muddati Khata

NBL Double Dhamaka Muddati Khata

Multiply your happiness with secured future by multiplying your deposit today with NBL Double Dhamaka Muddhati Khata.

Individual Fixed Deposit

  • Minimum Balance Rs 25,000.00
  • Maturity period of 5 years 9 months and 29 days
  • The final payment on maturity date is subject to tax applicable at the time being.
  • No premature facility
  • Loan against FD will be provided upto 90% of the compounded value of fixed deposit
  • Free credit card issuance facility
  • Credit Card Balance upto 90% of principal deposited or maximum Rs 5,00,000.00, whichever is lower is provided. In case credit card payment is due even after 90 days, FD shall be pre matured and due amount of credit card shall be recovered.
  • The loan against FD shall be provided after deducting the limit approved for credit card (if taken by the customer).
  • If interest on loan against FD is not paid for 90 days, the fixed deposit will be prematured automatically.

 

Institutional Fixed Deposit

  • Minimum Balance Rs 3,00,000.00
  • Maturity period of 7 years 2 months
  • The final payment on maturity date is subject to tax applicable at the time being.
  • No premature facility
  • Loan against FD will be provided upto 90% of the compounded value of fixed deposit
  • If interest on loan against FD is not paid for 90 days, the fixed deposit will be prematured automatically.

 

Remittance Fixed Deposit

  • Minimum Balance Rs 25,000.00
  • Maturity period of 5 years 5 months 
  • The final payment on maturity date is subject to tax applicable at the time being.
  • No premature facility
  • Loan against FD will be provided upto 90% of the compounded value of fixed deposit
  • If interest on loan against FD is not paid for 90 days, the fixed deposit will be prematured.

Documents Required

For Individual Fixed Deposit

  • Personal identification such as passport/citizenship
  • Recent passport size photographs of account holder
  • Identification of account holder justifying the current address of customer such as utility bill (electricity/telephone) or PAN card or driving license or voter identity card etc. for KYC purpose
  • Declaration of nominee with personal identification and PP size photograph

For Institutional Fixed Deposit

  • Documents regarding registration, renewal, PAN/VAT and tax clearance/tax exemption certificate
  • Minute of decision to open fixed deposit
  • Request letter to open fixed deposit

For Remittance Fixed Deposit

  • Personal identification such as passport/citizenship
  • Recent passport size photographs of account holder
  • Identification of account holder justifying the current address of customer such as utility bill (electricity/telephone) or PAN card or driving license or voter identity card etc. for KYC purpose
  • Declaration of nominee with personal identification and PP size photograph
  • Evidence of remit (receiver’s slip, sender’s slip, bank statement etc) justifying the total   amount of fixed deposit to be opened.