Interest Rate on Deposit

Sr. No

Type of Dep./ Period New Int. Rate W.E.F. 01.06.2020
Ordinary A/c holder’s,All Regd.Co.op.Society Senior citizen (60 year above) Ordinary A/c holder’s,All Regd.Co.op.Society Senior citizen (60 year above)
1. Saving Deposit 3.00% 3.00%                 —
2. Fixed Deposit STD/FDR/MUC DD/KTY/RD
15 Days to 45 Days 4.00% 4.00%                 —
46 Days to 90 Days 4.50% 4.50%                 —
91 Days to 180 Days 5.00% 5.00%                 —
181 Days to 1 year 5.50% 5.50%                —
13 Months to 24 Months 7.25% 7.50% 6.25% 6.50%
25 Months to 36 Months 7.00% 7.25% 6.50% 7.00%
37 Months & above 6.75% 7.00% 6.25% 6.50%

Note :

  1. Deposit mobilized under “Bulk Deposit Scheme” will be accepted under Fixed Deposit Scheme (FDR) and Masik Utpanna Certificate(MUC)  only.