Rates of Interest on Deposits :
   
30 days to 90 days 6 %
91 days to 180 days 6.5 %
181 days to 365 days 7 %
13 mths to 24 mths 8 %
25 mths to 36 mths 7.5 %
37 mths to 60 mths 7 %
Above 60 mths 6 %
Senior Citizen (60 + years)
Deposits for 13 months or more
0.5 % More on above

Salient Features of our Fixed Deposit Schemes :

  • Monthly Interest Scheme available. Interest payable monthly either by cash or credited to the Bank account of the depositor.
  • Quarterly Interest Scheme available. Interest payable quarterly either by cash or credited to the Bank account of the depositor.
  • Short Term Automatic Renewal facility available.
  • Deposit Multiplier Scheme compounded quarterly. Interest amount will be paid at the time of maturity.
  • Deposit period from 30 days to 60 months.
  • 9% Interest available on Monthly and Quarterly Schemes (For Senior Citizens only).
  • 85% loan against deposit amount is available.

Salient Features of our Recurring Deposit Schemes :

  • The scheme is open for all categories i.e. Individual & Non-individual entities.
  • The scheme has accepted for the period - minimum for 12 months and in multiples of 3 months upto 60 months.
  • The minimum amount should be Rs. 100/-.
  • It is mandatory for the depositor to deposit the amount every month.
  • The excess amount deposited in a given month will not be utilized for payment of future installments.
  • Installments may be remitted by Standing Instructions by transferring the amount each month from the Current / Saving Accounts in the same branch or from another branch to their Recurring Deposit account free of charge.
  • If the balance in the account be insufficient to make the transfer, the standing instructions may be treated as cancelled under advice to the depositor.
Protection to Depositors under Deposit Insurance Credit Guarantee Corporation
All Depositors of the Bank are insured upto a maximum of Rs.1,00,000/- (Rs One Lakh Only) for both Principle and Interest amount.
MILESTONES
- Deposits 562 Cr
- Advances 397 Cr
- Business 959 Cr
- 8 to 8 service
- Lockers Facility
- Franking Service
- Insurance Business
- 250000 Plus customers