Current Deposits
The current deposit refers to a service without any deposit term limitations that cash deposits and withdraws can be made at Bank counters, Bank self-service equipment’s with Bank card，passbook or reserved password during Bank business hours.
Savings Deposits
A savings account is an interest-bearing deposit account held at a Bank or another financial institution that provides a modest interest rate. Banks or financial institutions may limit the number of withdrawals. Interest will be paid @ 4.00 % on daily basis.
Recurring Deposit
Recurring Deposit is a special kind of Term Deposit offered by Banks which help people with regular incomes to deposit a fixed amount every month into their account.
THE DEPOSIT RATE OF INTERST ARE HERE UNDER:
Term Deposits
| S.NO | Period of Deposits | Rate of Interest(%) |
|---|---|---|
| 1 | Saving Account | 3.00% |
| 2 | 15 days to 45 days | 5.00% |
| 3 | 46 days to 90 days | 5.50% |
| 4 | 91 days to 180 days | 6.50% |
| 5 | 181 days to 364 days | 7.00% |
| 6 | (365 days)1 year to 3 years | 7.75% |
| 7 | Above 3 years to 5 years | 7.50% |
| 8 | Above 5 years to 10 years | 7.50% |
| 9 | For senior citizens | 0.60% excess interest |
| S.NO | Name of the Deposit | Period | ROI |
|---|---|---|---|
| 1 | 400 Days (IYC) | 400 Days | 8.00% |
| 2 | 400 Days (IYC) - Senior Citizen | 400 Days | 8.60% |
| 3 | 400 Days (IYC) - Staff | 400 Days | 9.00% |
| 4 | 400 Days (IYC) - Rtd Staff | 400 Days | 9.00% |
| S.NO | Name of the Deposit | Period | ROI |
|---|---|---|---|
| 1 | Aishwarya Lakshmi deposit | 15 months to 10 years | 7.75% |
| 2 | Aishwarya Lakshmi deposit - Senior Citizen | 15 months to 10 years | 8.35% |
| 3 | Aishwarya Lakshmi deposit - Staff | 15 months to 10 years | 8.75% |
| 4 | Aishwarya Lakshmi deposit - Rtd Staff | 15 months to 10 years | 8.75% |
| S.NO | Name of the Deposit | Period | ROI |
|---|---|---|---|
| 1 | Dhanvarsha deposit | 333 DAYS | 7.50% |
| 2 | Dhanvarsha deposit - Senior Citizen | 333 DAYS | 8.10% |
| 3 | Dhanvarsha deposit - Staff | 333 DAYS | 8.50% |
| 4 | Dhanvarsha deposit - Rtd Staff | 333 DAYS | 8.50% |
| S.NO | Name of the Deposit | Period | ROI |
|---|---|---|---|
| 1 | Special RD (or )RIP spl for children (below 10Yrs) | 78 Months | 8.25% |