Pragati Cash Certificate


PRAGATI CASH CERTIFICATE are issued against stipulated deposit of money to those who are eligible to open Fixed/Reinvestment Plan Deposit A/cs. Minimum deposit of Rs.100/- and maximum deposit of Rs.1000/- for a minimum period of 1 (one) year and maximum period of 10 (ten) years are accepted for issuing a Pragati Cash Certificate. Interest are paid quarterly at applicable rates prescribed for Fixed & RIP Deposits and reinvested in the deposit to be paid on maturity. Premature closure facility available as per rules applicable for RID A/cs nomination facility available. Accounts under the scheme are not transferable.

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