SERVICES & INTEREST RATES
Fully computerized Savings and Term Deposit accounts with attractive rates of interest
Monthly interest payable under our Monthly Income Scheme
Interest compounded every quarter under our Super Income Deposit Scheme
'At-par' cheques facility on all major cities
Gold loans available at concessional rates
RTGS / NEFT facility available
Safe Deposit Locker facility
Established and run by retired Bank executives
Flexible working hours on normal days :
Week Days : 10:30am to 4.00pm
Saturdays : 10:30am to 2:00pm
INTEREST RATES ON TERM DEPOSITS
(w.e.f. October 1st, 2020)
(Note: Interest Rates are subject to change without notice)46 days to 180 days - 6% p.a.
181 days to less than one year - 7% p.a.
1 year to 2 years(Max.) - 8% p.a
Additional interest of 1% p.a payable to Senior Citizens (60 years and above) on deposits of one year and above
Recurring Deposits
Minimum Rs. 100/- and in multiples of Rs. 100/- per month for a minimum period of 1 year as per rate of interest stated above.
Savings Deposits
5% p.a
NO TDS ON INTEREST PAID TO MEMBERS