Types Of Deposits
Saving Deposit
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.
Current Deposit
Account which is always catering for frequent deposits and withdrawls by cheque. It attracts ZERO interest
Term Deposit
Fixed/Reinvestment plans. Maximum period : 10 years.
Recurring Deposit
(RD) Deposit to which installment is monthly paid. Maximum period:10 years
Sahakara Lakshmi Deposit
Deposit Interest Rates w.e.f 27.12.2021
| S.NO | Period | Rate Of Interest | |
| Existing | Revised | ||
| 1. | 15 Days to 29 Days | 4.50 | 4.00% |
| 2. | 30 Days to 45 Days | 5.00 | 4.25% |
| 3. | 46 Days to 90 Days | 5.50 | 4.75% |
| 4. | 91 Days to 179 Days | 5.75 | 5.00% |
| 5. | 180 Days to 270 Days | 6.00 | 5.50% |
| 6. | 271 Days to 364 Days | 6.25 | 5.75% |
| 7. | 1 Year and above | 6.50 | 6.00% |
Senior citizens are offered an extra 0.60% interest on term deposits.
Sahakara Lakshmi Deposit for 1 year: ROI: 6.25%
Sahakara Lakshmi Recurring Deposit for 1 year ROI: 6.25%
Sahakara Lakshmi SHG Recurring Deposit for 1 year ROI: 6.25%
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.