Deposit Structure
Fixed Deposit
Deposit Rate of interest | w.e.f. 1’st August 2020 | Senior Citizen |
Duration | For Individual | (Above 60 years) |
15 Days To 90 Days | 5.50% | 5.50% |
91 Days To 180 Days | 6.00% | 6.00% |
181 Days To 12 Months | 6.75% | 6.75% |
13 Months To 24 Months | 7.25% | 7.75% |
25 Months To 36 Months | 6.75% | 7.25% |
37 Months To 48 Months | 6.75% | 7.25% |
49 Months To Above | 7.00% – 7.50% | 7.50% |
Recurring Deposit
Sr. No. | Amount | Duration | Maturity |
1 | 8,040/- | 12 Months | Rs.1,00,066/- |
2 | 5,250/- | 18 Months | Rs.1,00,076/- |
3 | 3,870/- | 24 Months | Rs.1,00,187/- |
4 | 3,055/- | 30 Months | Rs.1,00,045/- |
5 | 2,505/- | 36 Months | Rs.1,00,150/- |
6 | 2,290/- | 39 Months | Rs.1,00,046/- |
7 | 1,815/- | 48 Months | Rs.1,00,177/- |
8 | 1,395/- | 60 Months | Rs.1,00,345/- |
9 | 1,120/- | 72 Months | Rs.1,00,312/- |
Information about deposit scheme:
- Interest @ 2.50% on Savings Bank Deposits will be paid half yearly on daily products basis.
- TDS applicable on Term Deposit and Recurring Deposit interest above ₹ 40,000/- & For Senior Citizen above ₹ 50,000/-
- All Savings A/c holders maintaining "Rs.500/- & 1000/- with cheque book" balance are instructed to operate their account and maintain stipulated balance in it.
- All Current A/c holders maintaining "Rs.5000/-" balance are instructed to operate their account and maintain stipulated balance in it.
- Fixed Deposits upto Rs 5,00,000/- are insured under D.I.C.G.C. Scheme.
Safe Deposit Lockers
You can keep your Valuables safely in our safe deposit lockers. The lockers are available in various sizes to suit your requirement. Check on the Locators to find the branches providing this facility.
