deposits

Savings Deposit

9 AM to 12 AM and 4.30 PM to 7.00 PM
  1. Minimum Balance Rs.500/- to be maintained.
  2. Interest at 3.5% P.A on daily balance will be credited half yearly.
  3. ECS direct debit and credit facility
  4. CTS cheque facility available
  5. Clearing Facilities Available

Current Deposit

  1. Convenient for Individual/Traders/Businessmen/Firms and Companies
  2. Minimum Rs.1000/- Balance required to be maintained
  3. ECS direct debit and credit facility
  4. CTS cheque facility available
  5. Clearing Facilities Available
  6. 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 01-05-2020)

30 days to 90 days 4.50% p.a.
91 days to 180 days 5.00% p.a.
181 days to 12 months 6.00% p.a.
Above 366 Days up to 1095 days 8.25% p.a.
Above 1096 Days to 1825 days 7.50% p.a.
Above 1826 Days 7.00% p.a.

  1. For Senior Citizens Above 181 Days 0.5% p.a. additional interest Given.
  2. Monthly interest & Quarterly Given
  3. 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