deposits
Savings Deposit
9 AM to 12 AM and 4.30 PM to 7.00 PM- Minimum Balance Rs.500/- to be maintained.
- Interest at 2.75% P.A on daily balance will be credited half yearly.
- ECS direct debit and credit facility
- CTS cheque facility available
- Clearing Facilities Available
Current Deposit
- Convenient for Individual/Traders/Businessmen/Firms and Companies
- Minimum Rs.1000/- Balance required to be maintained
- ECS direct debit and credit facility
- CTS cheque facility available
- Clearing Facilities Available
- Cheques deposited for clearing before 12 Noon will be credited next day evening on full working day as per NPCI rules
Deposit interest Rates (w.e.f 01-12-2022)
| Period | ROI | SR.CITIZEN | |||
|---|---|---|---|---|---|
| 31 days | to | 180 days | 4.00% p.a. | ||
| 181 days | to | 365 days | 5.50% p.a. | ||
| 366 days | to | 2 Years | 7.50% p.a. | 8.00% p.a. | |
| 2 Years | to | 3 Years | 7.75% p.a. | 8.25% p.a. | |
| 3 Years | to | 5 Years | 7.25% p.a. | 7.75% p.a. |
- For Senior Citizens Above 181 Days 0.5% p.a. additional interest Given.
- Monthly interest & Quarterly Given
- 1% penal interest on Pre maturity withdrawal of deposits.
Fixed Deposit
- Secured way of Investment with high rate of returns. Flexibility of drawing interest
- Either monthly or quarterly rests on customer frequency
- Minimum investment is Rs.10000 and in multiples thereon
- Accounts can be opened by Individuals, firms, trusts, HUF etc
- Deposits are covered under insurance upto Rs.100000/- from DICGC
- Minimum period of 30 days and Maximum period is 10 years
- Instant Loan facility available upto 85% on face value of the Deposit
- Nomination facility available
Silver Jubilee Cash Certificate
- Attractive returns through interest capitalization on quarterly rests
- Minimum Deposit is Rs.10000 and in multiples of 100 thereon
- Period of Deposit shall be minimum 12 months and in multiples of 3 months thereon.
- Accounts can be opened by Individuals, firms, trusts, HUF etc
- Loan facility available upto 85% on the Deposit amount
- Nomination facility available
Investment Doubling Scheme
- The Investment doubling in 81 Months for General Public & 75 Months for Senior Citizens.
Recurring Deposit-Monthly
- Investor can deposit monthly a fixed amount in an account for a fixed period
- Interest will be credited quarterly rests
- Accounts can be opened by Individuals, firms, trusts, HUF etc
- Loan facility available
- Nomination facility available