A BFP is a financial instrument where an investor gives a certain sum of money to a bank or a financial institution (company) and the entity pays interest for the duration of the deposit. The rate of interest paid varies depending on the amount and tenure. Investor’s, especially conservative investors, prefer to open BFP as it is a safe investment option and it can be opened easily and quickly.

• Guaranteed returns : Unlike investment in the stock market or commodity market, fixed deposits are not a risky investment as they do not depend on fluctuating market rates. Investors can rest assured that his investments are safe and he will be getting back a guaranteed amount at the end of the tenure.
• Insurance : 5 Lakh Accidental Insurance On each Account
• Loan Facility : 1 - After 1 Year 10000-40000/- Loan 2 - After 2 Yrs. 40000-80000/- Loan 3 - 5 Year80000- 1 Lakh/- Loan 4 - After 10 Year 1.5 Lakh/-
• OD Facility (A) : 1 - After 1 Year 40000/-
• Flexible in nature : Fixed deposits can be taken for a tenure of 1 month or 1 year or 10 years based on your needs and for whatever amount that you can invest. Fixed deposits can be invested for a tenure of your choice. If you have planned for a big event in 5 years, then you can have a fixed deposit kept for 5 years to meet your financial requirement in 5 years. You can have various fixed deposit accounts to save for different goals.

• 1 Person 1 A/c
• Interest calculation yearly compound.
• TDS Deducted as per provisions and income tax Act.
• Loan available against deposits up to 70% of deposited amount after one month from the date of deposit.
• BFP will not be premature within first 55 month.
• If BFP is matured after 55 month but before 60 month no interest will be paid.
• If any person premature its BFP the the person will be paid 3% less of maturity interest after 6 month to 60 months.
• In case of death of a depositor, the company will repay to nominee or beneficiary the principle & interest, at which it was accepted.