Types Of Deposits
Customers open a savings account at the bank and bank pays interest for that money . Bank offers saving account with minimum balance of Rs.200/- (without cheque book) and balance of Rs.1500/-(with cheque book) @4% per annum.
Account which is always catering for frequent deposits and withdrawls by cheque. It attracts ZERO interest
Fixed/Reinvestment plans. Maximum period : 10 years.
(RD) Deposit to which installment is monthly paid. Maximum period:10 years
Deposit Interest Rates w.e.f 19-10-2020
|S.NO||Period||Rate Of Interest|
|1.||15 Days to 29 Days||5.00||4.50|
|2.||30 Days to 45 Days||5.00||5.00|
|3.||46 Days to 90 Days||6.50||5.50|
|4.||91 Days to 179 Days||6.75||5.75|
|5.||180 Days to 270 Days||6.90||6.00|
|6.||271 Days to 364 Days||7.10||6.25|
|7.||1 Year and above||7.50||6.50|
Senior citizens are offered an extra 0.60% interest on term deposits.
The following services are provided by the Bank to the farming community through 95 Primary Agricultural Co-operative Societies directly from Branches and general public in the district as detailed hereunder.