Deposit Scheme of Himachal Pradesh
Saving Bank Account: Interest payable on daily balances basis.
Current Account: Facilities for Business Account Holders.
Recurring Deposits: Monthly deposit Scheme.
Mahalaxmi Deposit: Fixed Deposits scheme having provision for accrual of compounding interest on quarterly basis.
Himpunernivesh Deposit Scheme: Having provision for accrual of compound interest on quarterly basis.
Dhan Laxmi Deposit Scheme: Certificate of maturity value is provided to the depositor.
Multi option Deposit Scheme: Under the scheme a depositor shall have to open a Saving Bank/Current Account with an inbuilt arrangement for transferring balance in excess to limit chosen by him to term deposit account, to earn higher amount of interest. It enables the depositor to maintain availability of liquidity for them and earn higher interest by taking an advantages of automatic sweep option under which an amount with in the prescribed threshold limit as opted, can be transferred from SB/Current Account to Term Deposit account or vice versa automatically.
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