Question:

What would be the Period of Fixed Deposit for United Bank of India Bonanza Current Deposit Schemes?

by Guest22784222  |  9 years, 6 month(s) ago

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My sister wants to know, What would be the Period of Fixed Deposit for United Bank of India Bonanza Current Deposit Schemes?

 Tags: bank, bonanza, current, deposit, FIXED, India, Period, Schemes, United

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2 ANSWERS

  1. Guest27903320

    The tenure of an FD can vary from 10, 15 or 45 days to 1.5 years and can be as high as 10 years. Interest is compounded quarterly and reinvested with principal amount. There can be only one Nominee for a deposit account whether held singly or jointly.
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    https://www.religareonline.com/campaign/FixedDeposit/FD.aspx
     

  2. Banking Expert
    Fixed Deposits under this scheme shall be for any period ranging from 15 days to 45 days & by default, it is 15 days as may be opted by the account holder at the time of opening of the United Bonanza Current Deposit account. The period shall remain fixed for all Fixed Deposits to be created until the mandate for period of Fixed Deposit is changed by the depositor in writing to the Bank.

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