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Fixed Deposit

Those who wants to keep their money in Fixed Deposit with the Bank may open Fixed Deposit account with the Bank. As on 31/03/2016, Bank has 112700 Fixed Deposit accounts with total Deposits of Rs. 13419.97 lakhs. Apart from the applicable interest rates on deposits, % interest rates is given extra on deposits to Sr. Citizens.

Samruddhi Tax Saving Scheme
Tax Saving under 80c, the terms deposit for min 5 years.

For Senior citizens and social communities will get 0.5% extra interest rate for long Term Deposits up to 5 Years.

Madhu Sanchay Deposit scheme:
This is the daily saving deposite scheme

Deposit Interest Rate
 
Saving Deposit 4.00%
07 Days to 45 Days 6.00%
46 Days to 179 Days 6.50%
180 Days to 365 Days 7.50%
365 days to 15 Month 8.00%
115 month to 5 Year 8.50%
5 Year to 10 Year 8.00%
Samruddhi Tax Saving Scheme 8.00%
 
 

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