deposits
Savings Deposit
10.00 AM TO 2.00 PM AND 3.00 PM TO 6.00 PM
- Minimum Balance Rs.500/- to be maintained.
- Interest at 4% P.A on daily balance will be credited half yearly.
- Any Branch Banking facility available
- ECS direct debit and credit facility
- CTS cheque facility available
- Direct member of clearing house
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
- Direct member of clearing house
- 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 01-01-2021)
|
|
|
|
|
|
|
31 |
days |
to |
90 days |
4.50% p.a. |
|
91 |
days |
to |
180 days |
5.00% p.a. |
|
181 |
days |
to |
12 months |
5.50% p.a. |
above |
12 |
months |
to |
24 months |
6.00% p.a. |
above |
24 |
months |
to |
36 months |
6.50% p.a. |
above |
36 |
months |
to |
48 months |
7.00% p.a. |
above |
48 |
months |
to |
60 months |
7.50% p.a. |
above |
60 |
months |
- |
-- |
6.50% p.a. |
- For Senior citizens 0.5% p.a. additional interest for above 1 year deposits only.
- Monthly interest will be paid in full.
- No penal interest on Pre mature withdrawal of deposit.
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.100/- and in multiples thereon
- Accounts can be opened by Individuals, firms, trusts, HUF etc
- Deposits are covered under insurance upto Rs.500000/- from DICGC
- No penal interest for Prematurity withdrawal
- Minimum period of 31 days and Maximum period is 10 years
- Instant Loan facility available upto 90% on face value of the Deposit
- Nomination facility available
Platinum Jubilee Cash Certificate
- Attractive returns through interest capitalization on quarterly rests
- Minimum Deposit is Rs.100 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 or 70% on the accrued amount
- Nomination facility available
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