Earlier, for depositors in the National Capital Region and Greater Mumbai, the minimum deposit amount was Rs 75,000 and for rest of India was Rs 50,000, it said.
The new minimum cap of Rs 25,000 will be applicable across the country with immediate effect, it added. This will also address the saving needs of mass retail category that are looking for assured returns with a credible savings instrument, it said.
This will also allow small depositors to generate higher returns through traditional savings product, it said.
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)