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    Account Statment

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    rightvisa2024
    This document is a deposit advice for a customer named Ankit detailing a fixed deposit of INR 300,000 for 1 year and 3 months at an interest rate of 7.1% per annum. The deposit will mature on January 27, 2025 and the maturity amount will be INR 309,196. The document provides additional terms and conditions regarding taxation, premature withdrawal penalties, and contact information.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Account Statment

    Uploaded by

    rightvisa2024
    12 views12 pages
    This document is a deposit advice for a customer named Ankit detailing a fixed deposit of INR 300,000 for 1 year and 3 months at an interest rate of 7.1% per annum. The deposit will mature on January 27, 2025 and the maturity amount will be INR 309,196. The document provides additional terms and conditions regarding taxation, premature withdrawal penalties, and contact information.

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    ACCOUNT STATMENT

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    This document is a deposit advice for a customer named Ankit detailing a fixed deposit of INR 300,000 for 1 year and 3 months at an interest rate of 7.1% per annum. The deposit will mature on January 27, 2025 and the maturity amount will be INR 309,196. The document provides additional terms and conditions regarding taxation, premature withdrawal penalties, and contact information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    12 views12 pages

    Account Statment

    Uploaded by

    rightvisa2024
    This document is a deposit advice for a customer named Ankit detailing a fixed deposit of INR 300,000 for 1 year and 3 months at an interest rate of 7.1% per annum. The deposit will mature on January 27, 2025 and the maturity amount will be INR 309,196. The document provides additional terms and conditions regarding taxation, premature withdrawal penalties, and contact information.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 12

    (STDST)

    DEPOSIT ADVICE
    (Non transferrable / Not negotiable)

    ANKIT
    S/O: BALWAN,VILL-BATHERI, TEHSIL PEHOWA DISTRICT KURUKSHETRA - 136128, +919729958076

    ACCOUNT NUMBER DEPOSIT AMOUNT INTEREST RATE (%P.A.) START DATE MATURITY DATE MATURITY AMOUNT

    923040098395516 INR 300000.0 7.1 27/10/2023 27/01/2025 INR 309196.0

    Deposit Amount : Rupees Three Lakh Only


    Maturity Amount : Rupees Three Lakh Nine Thousand One Hundred Ninety Six Only
    Scheme Code : RIC

    PERIOD OF DEPOSIT : 1 Years, 3 Months, 0 Days


    BRANCH NAME :
    MODE OF OPERATION : SELF
    PEHOWA HR
    NOMINATION STATUS : Nominee registered with Bank
    Kh No 838/802, Khatuni No 1087, Gr Flr, Kaithal - Ambala Rd, Pehowa,
    Haryana 136128 NOMINEE NAME : ANITA
    MATURITY INSTRUCTION : Re-Invest

    Note * Premature Closure will attract penal rates as per Bank rules. * Maturity value is subject to TDS deduction, wherever applicable. * Facility of renewal with
    retrospective effect not available to deposit that have been overdue beyond fourteen days.

    Terms & Conditions:

    IMPORTANT INFORMATION FOR DEPOSITORS

    1. As per section 194A of the income Tax Act, 1961, interest, other than interest on securities, shall be liable to TDS at the applicable rate for interest if
    the projected interest exceeds the prescribed limit during the financial year (Please refer the section 194A of the income Tax Act, 1961, for detailed
    provisions for tax deducted at source)
    2. Senior Citizen customers, 60 years and above can submit declaration in Form 15H duly signed in duplicate, subject to eligibility under section
    197A(1C) of the Income Tax Act, for non- deduction of TDS from interest on term deposits (Senior Citizen rates are not applicable for NRI Customers)
    3. A fresh declaration in Form 15G/15H, both for non-cumulative and cumulative fixed deposits, is required to be submitted at the start of each financial
    year. (Not applicable for NRI Customers)
    4. Fixed Deposit Plus Deposits (Retail & Corporate) cannot be closed prior to date of maturity. Premature withdrawal is not permissible under this
    scheme except for exception cases which include bankruptcy/ winding up/ directions by court/ regulators/ receiver/ liquidator/ deceased cases
    5. The special rates for senior citizens and staff will not be applicable for NRI Deposits

    6. Interest earned by a Non-resident Indian (NRI) from the NRO deposits is taxable in India as per provisions of Sec 9 (1) (V)of the Income tax Act, 1961
    and TDS will be effected as mentioned in the Finance act. The rate at present is 30% plus surcharge and education cess (Not applicable on NRE &
    FCNR deposits for NRIs)

    Premature Encashment:

    a. For Rupee Term Deposits of a contracted amount less than Rs 5 Crores opened/renewed on or after May 1, 2014 (including Flexi deposits), interest
    rate shall be 1.00% below the card rate, prevailing as on the date of deposit, as applicable for the period the deposit has remained with the bank.
    However, for Rupee Term Deposits closed within 14 days from the date of booking of the deposit interest rate shall be rate applicable for the period
    the deposit has remained with the bank
    b. For Rupee Term Deposits of a contracted amount of Rs 5 Crores and above, interest rate shall be 1% below the card rate prevailing as on the date of
    deposit, as applicable for the period the deposit has remained with the bank . This would also be applicable on Rupee Term Deposits closed within 14
    days from the date of booking of the deposit
    c. No penalty for individual NRE Deposits below INR 5 crores. Penalties on respective FCNR currencies are available on Bank’s website. No interest
    payable on premature withdrawal within 1 year for NRE and FCNR Deposits

    Please visit https://www.axisbank.com/mailers/TnC/Axis-FD-RD-T-C.html for additional terms and conditions that are applicable for Term Deposits.
    For Queries and Information:

    Toll Free
    Write to
    Resident Customer - 1860-419-5555/1860-500-5555
    Resident Customer - www.axisbank.com/support
    NRI Customer -
    Non-Resident Customer - www.axisbank.com/support https://www.axisbank.com/bank-smart/phone-banking/nri-phone-banking#menuTab
    https://www.axisbank.com/nri/

    This is computer generated communication and thus require no signature

    REGISTERED OFFICE - AXIS BANK LTD,TRISHUL,Opp. Samartheswar Temple, Near Law Garden, Ellisbridge,Ahmedabad. 380006

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