Term Deposit

In this type of deposit you can deposit a certain sum of money with various schemes of the bank for a specific duration of time. Choose a deposit period range as your requirement and multiply your money with our attractive interest rate scheme. Bank also provides facilities to invest your money under various schemes i.e short term deposit scheme, reinvestment scheme, monthly interest deposit scheme, quarterly interest deposit scheme. Periodically bank also introduces special deposit schemes by offering attractive interest rates than the regular interest rates.All customers deposits up to rs.1,00,000/- are covered under district insurance and credit guarantee corporation scheme.

BANK FIX DEPOSIT INTEREST CHART:

Sr. No. Period Interest Rate Regular Customer Interest Rate Senior Citizen Interest Rate Co-Op. Soc./ Trust
1. 15 Days To 90 Days 5.00% 5.00% 5.00%
2. 91 Days To 180 Days 6.00% 6.00% 6.00%
3. 181 Days To 13 Months 7.00% 7.00% 7.00%
4. Above 13 Months To 24 Months 7.50% 8.00% 7.75%
5. Above 24 Months To 36 Months 7.50% 8.00% 7.75%
6. Above 36 Months To 120 Months 7.50% 8.00% 7.75%