Deposits

TYPES OF DEPOSITS

  1. CURRENT DEPOSIT ACCOUNTS
  2. SAVING DEPOSIT ACCOUNTS
  3. RECURRING DEPOSIT ACCOUNTS
  4. TERM DEPOSIT ACCCOUNTS
    • FIXED DEPOSITS
    • RE-INVESTMENT PLANS

The Interest rates on Deposits with effect from 21.03.2016.

Period Rate of Interest

15 Days to 29 Days

5.00

30 Days to 45 Days

6.50

46 Days to 90 Days

7.00

91 Days to 179 Days

7.50

180 Days to 270 Days

8.50

271 Days to 364 Days

8.75

1 year and above

9.00

Senior citizens are offered an extra 0.75% 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.