Fixed Deposits

Any Individual/Firms/Societies/Institutions can open a FD with a minimum of Rs.1000/- at higher ROI. For Senior Citizens/Societies/Institutions/Physically Challenged can get 0.5% additional interest on their deposits.
One major positive thing is TDS on interest earning from fixed Deposit is not applicable to our Members.

Recurring Deposits

Any Individual/Firms/Societies/Institutions can open a RD with a minimum of Rs.100/- at higher ROI. For Senior Citizens/Societies/Institutions/Physically Challenged can get 0.5% additional interest on their deposits.

Existing Rate of Interest

Period General Bulk Deposits Sr.Citizens/Institution &
Co-operative Societies-Bulk
(15 Lakh & Above)
15 to 45 days 6.50% 6.50% 6.50%
46 to 90 days 6.75% 6.75% 6.75%
91 Days to 180 Days 7.25% 7.50% 7.50%
181 Days to 365 Days 8.00% 8.25% 8.50%
ABOVE 1 Year to UPTO 3 years 8.25% 8.50% 8.75%
ABOVE 3 Year to 5 years 8.50% 8.75% 9.00%
Above 5 Years 8.00% 8.25% 8.50%
SPECIAL TERM DEPOSITS
400 Days (Cir.No.02/2013-14) 9.00% 9.00% 9.00%
Freedom Deposit (31- 300 days) (Cir.No.17/2014-15) 7.00% 7.00% 7.00%