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Grow Your Wealth with Eluri Special Deposit

Eluri Special Deposit is a long-term fixed deposit scheme designed for individuals who wish to invest once and watch their savings grow steadily through compound interest. It is ideal for future financial goals like education, marriage, or retirement planning.

This deposit offers the power of compounding over extended periods and ensures attractive returns, stability, and security. With minimal risk and no need for active management, it’s a great way to build wealth passively.

Choose a tenure that aligns with your long-term goals and benefit from automatic reinvestment of interest to boost the final maturity value.

Features of Eluri Special Deposit

  • One-time investment – as low as ₹5,000/-
  • Tenure options from 1 year to 10 years
  • Compound interest with auto-reinvestment
  • Higher returns with longer tenure
  • Premature closure permitted (with conditions)
  • Loan/Overdraft facility available against deposit
Fixed Deposit (FD) Scheme
Deposit Duration General Interest Rate% Senior Citizen Interest Rate% Super Senior Citizen Interest Rate%
1 year to Lessthan 2 years 8.00%8.50%8.50%
2 years to Lessthan 3 years 8.15%8.65%8.65%
3 years to Lessthan 4 years 8.25%8.75%8.75%
4 years and Above 7.00%7.50%7.50%
Senior citizens get an additional 0.50% interest only on 1 year and above deposits.
An additional 0.25% interest is provided on deposits above ₹15 lakhs.

Documents Required to Open an Eluri Special Deposit

  • Address Proof – Aadhar, Driving License, Passport, etc.
  • PAN Card
  • One passport-size photograph
  • Existing savings account (optional)
  • For firms/trusts – additional documentation as per KYC norms

How to Open an Eluri Special Deposit

  • 1. Decide the investment amount and tenure
  • 2. Fill the application form at your nearest branch
  • 3. Submit required KYC documents
  • 4. Deposit activated and certificate issued
  • The minimum amount to open an Eluri Special Deposit is ₹5,000/-.

  • Yes, premature closure is allowed subject to applicable terms and a reduced interest rate.

  • Yes, interest is compounded quarterly and reinvested automatically, resulting in higher maturity value.

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