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Fixed Deposit - SBI

This document is an e-Special Term Deposit Advice from the State Bank of India confirming a deposit for Mr. Darshan D N. The deposit amount is INR 150,000 at an interest rate of 6.5% for a tenure of 5 years, maturing on 14-Jun-2029 with a total value of INR 207,063. It includes terms and conditions regarding interest crediting, tax deductions, and maturity instructions.

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0% found this document useful (0 votes)
9 views

Fixed Deposit - SBI

This document is an e-Special Term Deposit Advice from the State Bank of India confirming a deposit for Mr. Darshan D N. The deposit amount is INR 150,000 at an interest rate of 6.5% for a tenure of 5 years, maturing on 14-Jun-2029 with a total value of INR 207,063. It includes terms and conditions regarding interest crediting, tax deductions, and maturity instructions.

Uploaded by

r63469260
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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. METRO BRANCH (13398)
IW16993221
e- Special Term Deposit Advice
(In lieu of term deposit receipt)

Date: 15-Jun-2024

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. Darshan D N 86528972241

Debit Account Number: 40531803427 Mode of operation: Single


Scheme: GEN-PUB IND-181-210D- INR

Maturity Instruction: Repay Principal and Interest

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


Account No. Rate Date Value
Interest
@

00034996310619 5 Year 6.5% INR 150000.00 15/06/2024 14/06/2029 INR 207063.00

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 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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