Fixed Deposit/ Recurring Deposit
The bank has started the fixed deposit scheme from the year 1999 which is from one year to 5 years in which the interest rate is given higher than other banks. At present, deposits through Fixed Deposit (FDR) and Monthly Deposit Scheme (RD) are invested in various loan schemes from the holders of the bank to the state itself. The bank has also started daily deposit scheme on which attractive interest rates are being given to the investors/deposit holders.
| Term Deposit | Interest Rate % |
|---|---|
| 1 Year | 7.30 |
| Above 1 Year to 2 Years | 6.50 |
| Above 2 Years to 3 Years | 6.50 |
| Above 3 Years to 5 Years | 6.50 |
| Daily Deposit | 4.00 |
| Saving Bank Deposits | 4.00 |
| Term Deposit | Interest Rate % |
|---|---|
| 1 Year | 7.70 |
| Above 1 Year to 2 Years | 7.00 |
| Above 2 Years to 3 Years | 7.00 |
| Above 3 Years to 5 Years | 7.00 |
| Daily Deposit | 4.00 |
| Saving Bank Deposits | 4.00 |
| Term Deposit | Interest Rate % |
|---|---|
| 1 Year | 7.70 |
| Above 1 Year to 2 Years | 7.00 |
| Above 2 Years to 3 Years | 7.00 |
| Above 3 Years to 5 Years | 7.00 |
| Daily Deposit | 4.00 |
| Saving Bank Deposits | 4.00 |