Fixed Deposit Scheme

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Deposit Period Rate
1 Year and Above 5.75 %
2 Year and Above 6.00 %

For Senior Citizens, Shareholders and Bank Staff Members get 0.50 % higher interest on above rate.

 

 

 

* For more detail visit our nearest branch office.

 

 

 

 

SALIENT FEATURES:

 

 

1 Interest payable: Quarterly/half yearly and yearly as per demand.
2 Monthly Income Scheme is available.
3 FD outstanding as on 31/03/17 is within the own fund limit.
4 All the loans issued by the Bank are theoretically recoverable since they are secured by registered mortgage of land and as such FDs mobilized by the Bank are fully secure.
5 Loan against FD to the extent of 75% of FD is available.
6 As per the rules on Fixed Deposit maturing after 1/4/2020 will be deducted T.D.S.on amount of interest.