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JHGYFGTRF
JHGYFGTRF
KEONJHAR,ORISSA 758034
1. This term deposit is governed by the Terms and Conditions (T&C) and rules of the Bank in force, and the changes made thereto from time totime, as
communicated and made available on the Bank’s website. Any changes to the T&C will be available on the website www.suryodaybank.com.
2. Tax Deduction at Source (TDS) will be applicable as per prevalent Income Tax rules.
3. In case of premature withdrawal or partial withdrawal, interest on the deposit for the period that it has remained with the bank will be paid at the rate applicable
to theperiod for which the deposit remained with the bank and not at the contracted rate. Additionally, penalty would be charged as per prevailing terms and
conditions of the Bank. Maturity value is subject to TDS deduction if applicable, as per Income Tax Act from time to time.
4. In absence of maturity instructions, action would be taken as per the prevailing terms and conditions of the Bank, without any liability to theBank.
5. *Facility of renewal with retrospective effect not available for deposits that are overdue beyond fourteen days.
6. Prepayment of Bulk Term deposit (without premature withdrawal facility) will be allowed as per discretion of the Bank.
7. Simple interest allowed monthly, half yearly, or at maturity depends on the period and type of deposit and customer's instructions. Interest on monthly Payouts
isdiscounted as per rules. Interest on Cumulative Deposit is compounded quarterly and paid at maturity only.
1101, Sharda Terraces,Plot 65, Sector 11, CBD Belapur,Navi Mumbai- 400 614.Email:smile@suryodaybank.com This is a system