Term Deposits

Term Deposits are offered by Summit Bank to the following types of customers:

  • Individuals (single or joint)
  • Minors (to be operated by the guardian)
  • Charitable institutions
  • Provident fund & other funds of benevolent nature
  • Local bodies
  • Autonomous corporations
  • Limited companies
  • Firms, associations, educational institutions, financial and other institutions who intend to retain their deposits for a fixed period in order to earn a higher rate of profit.