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SBI Term Deposit Confirmation

This document is an e-Special Term Deposit Advice from State Bank of India confirming details of a fixed deposit for Mr. Shiv Shankar Kumar. The deposit is for INR 250,000 for 1 year at an interest rate of 6.7% annually. The deposit maturity date is November 16, 2019 at which time the maturity value will be INR 267,176. The document also provides the terms and conditions of the fixed deposit, including that interest will be credited to the original funding account, taxes will be deducted as required by law, and the deposit will automatically renew unless otherwise instructed.

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Balmukund kumar
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2K views1 page

SBI Term Deposit Confirmation

This document is an e-Special Term Deposit Advice from State Bank of India confirming details of a fixed deposit for Mr. Shiv Shankar Kumar. The deposit is for INR 250,000 for 1 year at an interest rate of 6.7% annually. The deposit maturity date is November 16, 2019 at which time the maturity value will be INR 267,176. The document also provides the terms and conditions of the fixed deposit, including that interest will be credited to the original funding account, taxes will be deducted as required by law, and the deposit will automatically renew unless otherwise instructed.

Uploaded by

Balmukund kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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This is not a negotiable document

STATE BANK OF INDIA


INB Ref No. JEHANABAD(00100)
AD00100972
e-Special Term Deposit Advice
(In lieu of term deposit receipt)

Date : 16-Nov-2018

Dear Sir/Madam

We have pleasure in confirming details of the following amount held in deposit with us. Please quote the Account
Number in all correspondence. Thank you for Banking with us.

Name Customer Number

Mr. Shiv Shankar Kumar 80847989594

Debit Account Number : 00000011050321467 Mode of operation : Single

Scheme : STD-GEN-PUB IND-1YR-<2YR-


INR

Maturity Instruction: Auto Renew with Principal and Interest

e-TDR/e-STDR Tenure Fixed Principal Amt Value Date Maturity Maturity


Account No. Rate Date Value
Interest
@

00000038074332972 1 Year(s) 6.7% INR 16/11/2018 16/11/2019 INR


0 Month(s) 250000.00 267176.00
0 Day(s)

Terms and Conditions for e-TDR / e-STDR

1. The e-TDR/e-STDR in INR is generated in the same name(s) of the account holder(s) as in account from
which it is funded.

2. The interest on the Term Deposit (e-TDR), and the proceeds of the Term Deposit (e-TDR) or Special Term
Deposit (e-STDR) upon maturity, will be credited to the account from which the e-TDR/e-STDR was funded.

3. Bank will deduct the income tax as per the law applicable and in case no tax is to be deducted, form 15H/G
has to be submitted by the depositor to the branch just after opening the e-TDR/e-STDR and at the beginning
the Financial Year in the subsequent Financial Years.

4. e-TDR/e-STDR with additional rate of interest for Senior Citizens will be issued if option for "Senior Citizen " is
selected by the customer and age of customer is 60 Yrs or above, on the date of creating the fixed deposit, as
per date of birth recorded with the Bank. The minimum days and minimum amount applicable for additional
rate of interest for senior citizen will be as per Bank's policy.

5. e-TDR/e-STDR will be disposed of according to the Maturity Instruction given at the time of opening the
deposit. In case of auto renewal,the deposit will be renewed for the same duration for which it was originally
kept, at the rate of interest prevailing on the date of renewal for that duration.If auto renewal instructions are
given, the instructions will continue to executed till terminated by the account holder

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