|
|
|
 |
|
Personal Banking |
|
Deposits |
Advances |
Safe Deposit Lockers |
|
|
|
Deposits Page 1 |
Deposits Page 2 |
Deposits Page 3 |
Deposits Page 4 |
Deposits Page 5 |
Deposits Page 6 |
|
SPECIAL SCHEME FOR SENIOR CITIZENS
For Senior Citizens over 60 years of age, differential
rate of interest, 0.50% higher than the rates on term
deposit plan.
The special rate of interest will also be payable on joint deposit of Senior Citizens with persons below the age of 60 years,
if the first name is of a senior citizen.
At the time of opening of a new deposit account of a senior citizen, the bank will satisfy about the age through
verification of any of the following documents
-
Secondary School Leaving Certificate indicating date
of birth.
-
LIC
policy, Voters Identity Card, Pension Payment Order,
Passport
-
Any
other document acceptable to the bank.
Type &
Period of Deposit
-
Minimum amount Rs.10, 000/-
-
Flexibility in period of deposit from 1 year to 10
years
-
An
extra 0.50% interest vis-ą-vis others
For
further details, please contact the nearest State Bank
of Bikaner & Jaipur branch.
|
|
CAPITAL GAIN SCHEME 1988
You can defer payment of Income Tax on Long Term Capital gains for the time being and invest in the future capital at the appropriate time but within 2 or 3 years., while earning interest on the amount.
Capital gains tax can be saved fully, if the amount is invested in designated immovable properties.
You can open your Capital Gains deposit accounts under the Capital Gains Account Scheme 1988.
|
Eligible Applicants |
-
Resident Individuals, Body of individuals
-
Non- individuals like Hindu Undivided family
(HUF), sole proprietorship firms;
partnership firms companies, Association of
persons etc
-
Non
-resident Indians Not Ordinary Resident
assesses. Artificial judicial persons who
have capital gains, taxable in India.
|
|
Minimum Amount |
Rs.
5000 in case of Term Deposits and
Rs.
1000 in case of Saving Banks a/c |
Period of Deposit
|
Not
exceeding 2/3 years from the date of transfer of
original asset as given below-
2
years - if capital gains is U/s 54B, 54 F. 54 G
3
Years - if capital gains is U/s 54, 54 D |
|
Interest Rate |
As
applicable to normal Savings and Term Deposits
for respective maturities. |
|
Coverage |
The
Capital Gains Deposit Scheme is operative at all
branches except rural branches. |
|
Premature Payment |
Premature payment of Term Deposit is permitted
only after production of specific authority
letter/ certificate from the Income Tax Officer
having jurisdiction and on the terms mentioned
in the letter of authority |
|
Loan facility |
No
loan
facility against this deposit is available
This term deposit can neither be accepted as
margin money for non-fund based nor as
collateral to any type of fund-based facilities. |
|
Accounting Procedure |
Depositor can open accounts under the scheme
after filling the prescribed application - cum
specimen signature form. |
|
|
SBBJ
TAX SAVER TERM DEPOSIT SCHEME
An individual (singly or jointly) or Karta of an HUF can invest upto Rs.1.00 lac in a financial year in such deposit product, which will qualify for deduction from income tax for calculation of tax under Section 80-C of Income Tax Act 1961.
|
Eligible Depositors |
Individuals (singly / jointly)
Karta in HUF. |
Period of Deposit
|
Only for 60 months |
|
Type of Deposit Accounts |
Term Deposit/Special Term Deposit. |
|
Mode of Operation |
Singly or jointly (provided that in case of joint holder type deposit, the deduction from income under section 80C of the act shall be available only to the first holder of the deposit). |
|
Rate of Interest |
As applicable to time deposits for five years. |
|
Premature withdrawal |
Not Permitted . |
|
Availability of Loan / OD |
Not Available. |
|
A/c opening procedure |
Extant procedure for regular deposits.
The customer has to compulsorily provide PAN number. |
|
Nomination facility |
Available. |
|
|
SBBJ FLEXI DEPOSIT SCHEME:
-
Individuals including minors aged 10 years and above and NRIs, in single or joint names can open SBBJ Flexi Deposit account.
-
To avail the benefit under this scheme, you need to have a Savings Bank a/c (either a new or existing) with a minimum balance of Rs. 5,000/-
-
You can decide the threshold amount (Rs. 5,000/- or more), which will be maintained in your account.
-
After maintaining the threshold amount, the fixed deposits would be created for a minimum amount of
Rs. 5000/- and thereafter in multiples of Rs. 1000/- for SB account. This auto-sweep facility would be
operative on daily basis on the balance available in the account at the commencement of business.
-
You can opt for any-one maturity for the TDRs/STDRs (6 to 60 months in round month) or else the deposits will be opened for 6 months.
-
You can draw on the deposits by merely issuing a cheque on the Savings account or through ATM.
-
Premature withdrawals (sweep out) of fixed deposits for payment of cheques / drawal from ATMs would be subject to the Bank's rules for premature withdrawals of term deposits.
-
In the absence of any such specific instructions, the system would break the latest fixed deposit
(in multiples of Rs. 1,000/ 5,000) by an amount adequate for payment of the cheque.
On
maturity, unless indicated otherwise, term deposit
will be automatically rolled over for the same
period at the rate of interest applicable on the
material date.
For further details, please contact the nearest
State Bank of Bikaner & Jaipur branch.
|
|
|
|
|
