Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth.
Individuals (singly or jointly), Minor by guardian, Organizations, Co-op. Societies.
A - If you are opening account for 6 months and you closed account in 3 months the the rate of interst will be 1.50% (For Pigmi Deposit) Auto Reneval Working from 01/12/2015
B - If you are opening account for 24 months and you closed account in 12 months the the rate of interst will be 2.00% (For Pigmi Deposit) Rate of interest is not applicable to Co-operative societies saving account
| Sr. No. | Type of Period | Type of Deposit | Individuals A/C Holders | Senior citizens & Staff |
|---|---|---|---|---|
| 1 | 181 Days to 365Days | Recurring Deposit | 6.25% | 6.75% |
| 2 | Above 12 Month to Into 24 Month | Recurring Deposit | 7.75% | 8.25% |
| 3 | Above 24 Month to Into 60 Month | Recurring Deposit | 7.50% | 7.75% |
| 4 | Above 60 Month to Into 120 Month | Recurring Deposit | 7.30% | 7.50% |
Sharad Sahakari Bank Ltd., Manchar
A/p. Manchar, Tal. Ambegaon, Dist. Pune Pin - 410503 Maharashtra, India.
02133-223603, 02133-223103, 02133-225450
Toll free no. - 18002332124
