PRESENTATION ON

TYPES OF DEPOSIT
Presented By
Neelam
Shashank
Varun
Vidit

DEMAND DEPOSIT
An account from whichdeposited funds can
be withdrawn at any time without any notice
to the depository institution.
Low interest rate on savings accounts.
High transaction costs.
Two Types of Demand Deposits
Savings Account
Current Account

FIXED DEPOSIT
Term

deposits repayable after a specific time

period ranging from 7 days to 10 years.

Fixed deposits also give you a higher rate of

interest than a savings bank account.
A Fixed Deposit also known as a Term
Deposit.

FIXED DEPOSIT

When the deposit period elapses, the

depositors get interest on the amount
deposited.

Loans

facility against fixed

deposits.

PERIOD OF FIXED
DEPOSIT

Deposit are accepted for a minimum period of 15 days

and maximum period of 120 months.
Deposit could however be accepted longer than 120
months in following cases Where the interest of minors are involved
For institutions, Government undertakings,
Corporate bodies to meet their special need like
creation of sinking fund etc. and for individuals for
any of their special needs.

BENEFITS OF A
FIXED DEPOSIT
A

wide range of tenures, ranging from 15

days to 10 years, to suit your investment
plan.

Safe

Loan

custody of your fixed deposit receipts.

facility is available upto 90% of principal

and accrued interest.

BENEFITS OF A
FIXED DEPOSIT

Choice of two investment plans: Traditional or

Reinvestment.
Traditional

Reinvestment

Interest payable monthly Interest is compounded

and quarterly as per your quarterly and reinvested
convenience.
with principal amount.
Maturity period ranges
from 15 days to 10
years.

Maturity period ranges

from 6 months to 10
years.

CHARACTERISTICS OF
FIXED DEPOSIT

Amount is repayable at the end of the maturity

term offering less liquidity.
Higer intrest rates r offered due to low liquidity.
Normaly higher rate is offered for longer period
of deposits.
Interest is payable every quarter .
Minimum deposit amount varies for banks from
Rs. 1000 to Rs.100000 and in multiplies of
Rs.1000.

VARIOUS BANKS

INTEREST RATES LESS THAN

15 LAKHS (AXIS BANK)

INTEREST RATES LESS THAN

15 LAKHS (ICICI BANK)

INTEREST RATES LESS THAN

15 LAKHS (ICICI BANK)

INTEREST RATES
15 LAKHS TO 50 LAKH
(AXIS BANK)

INTEREST RATES
ABOVE 15 LAKHS
(ICICI BANK)

INTEREST RATES
ABOVE 15 LAKHS
(ICICI BANK)

RECURRING DEPOSIT
Scheme

for saving fixed amount every month

for a fixed period.

Penalty

No

for delay in payment of installment.

tax deducted at source.

Principal

and Interest repayable on maturity.

THANK YOU