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 Rate Of Interest with effect from 24.07.2023
|Sl.No.||Period||Rate of Interest|
|1||15 Days to 29 Days||4.00||4.00%|
|2||30 Days to 45 Days||4.25||4.25%|
|3||46 Days to 90 Days||4.75||4.75%|
|4||91 Days to 179 Days||5.00||5.00%|
|5||180 Days to 270 Days||5.50||5.50%|
|6||271 Days to 364 Days||5.75||5.75%|
|7||1 Year and above||7.00||7.25%|
|8||Senior Citizen/60 years above||Additional 0.75%||Additional 0.75%|