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
Sahakara Lakshmi Deposit
Deposit Interest Rates w.e.f 27.12.2021
|S.NO||Period||Rate Of Interest|
|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.