Recurring Deposits

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.

Facilities Offered

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 Deposit Individuals A/C Holders Senior citizens & Staff
1 31 Days to 90 Days 5.50% 5.50%
2 91 Days to 180 Days 6.00% 6.25%
3 181 Days to Into 13 Month 6.50% 6.75%
4 For 13 Month's 8.55% 8.55%
5 Above 13 Month to Into 24 Month 7.50% 7.75%
6 Above 24 Month to Into 36 Month 7.50% 7.75%
7 Above 36 Month to Into 60 Month 7.50% 7.75%
8 Above 60 Month to Into 120 Month 7.25% 7.50%
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