CUMULATIVE DEPOSIT

(Facility available to only ACE Bank Members)

Being salary Earners Bank, Cummulative Deposit scheme is made compulsory to all the members. Monthly deduction at prescribed rate are made from salary and credited to CD Account of individual Member. Interest at the rate approved by Board is credited to CD Account of the member in the month of April every year on annual basis.

Why open Cumulative Deposit with ACE Bank:

• Instalment amounts can be customised, with a minimum ofINR 100
• Account Nomination Choice for Individual or Joint Accounts
• Managing your finances is a breeze using the passbook feature.
• Deposit Duration: Minimum of 12 months