1. Individuals
2. Institutions
3. Societies
· INTEREST:
1. Interest will be paid on the deposits at the rates in force as per the Bank’s fixation from time to time.
2. Interest amount will be paid Monthly/Quarterly/Half yearly/time of maturity.
· TERM DEPOSIT RECEIPT:
The Bank will issue a receipt in favor of the depositor/s showing the amount deposited, the period for which the deposit is accepted, maturity date and maturity amount.
· DUPLICATE RECEIPT:
In case of loss of original Fixed Deposit Receipt the depositors would have to intimate the bank immediately. On an application satisfying the prescribed rules the certificate indicating the particulars of the deposit will be issued to the depositor. The Bank will charge Duplicate Receipt Charges at such rates as in force from time to time.
· GENERAL:
The Bank reserves the right to alter, amend, and rescind the rules from time to time.
The Interest rates on Deposits with effect from 01.06.2025
| S.NO. | Period | ROI(% p.a) |
|---|---|---|
| 1 | 7 days to 14 days | 4.00 |
| 2 | 15 days to 45 days | 4.00 |
| 3 | 46 days to 90 days | 4.75 |
| 4 | 91 days to 180 days | 5.50 |
| 5 | 181 days to 364 days | 6.50 |
| 6 | Exact 1 Year | 7.50 |
| 7 | > 1 Year to < 3 Years | 7.60 |
| 7 | 3 Years to 5 Years | 7.75 |
| 8 | > 5 Years to 10 Years | 6.75 |
NOTE: the Additional interest shall be allowed on all slabs to senior citizens and physically challenged persons @0.50%.All deposits are covered under Deposit Insurance and Credit guarantee Corporation.
SPECIAL DEPOSIT SCHEME-
| S. No. | Name of the Scheme | Period of Deposit | ROI |
|---|---|---|---|
| 1 | Suraksha Bandhan Deposit | 234 Days | 7.00% |
| 2 | Sahakara Swathantra Deposit | 567 Days | 7.75% |
| 3 | Krushi Vikas Recurring Deposit | 2 Years to above up to 10 Years (Min. ₹2,000 & Multiples of ₹1,000) | 7.80% |
Note:
