ING Vysya Bank has launched a new Term Deposit Scheme known as ING ACTIVE DEPOSIT.
The highlights of the scheme are at the Bank’s website @
In simple terms, as I understand, the distinctive features of this Term Deposit are:
01) This deposit allows the Depositor to earn better returns, while enjoying the power of liquidity, with the instant withdrawal feature.
02) ING Active Deposit facilitates the depositor to withdraw the deposit either at the ATM or through a cheque.
03) The ING Active Deposit is broken only for the amount withdrawn, while the balance continues at the original rate.
Well as a Safe ePayments Motivator, I would have preferred one more withdrawal option i.e NEFT via Net Banking