Deposits
Monthly Recurring Deposit
WOMEN GROUPS
- Minimum members in Group: 10 Nos.
- Every member of the group should pay ₹3,000/- per month for 3 months.
- After 3 months, Central Government linked training will be provided and training certificates will be issued.
- If the women group wants to start a new business after completion of the training, the bank will provide business loans with low interest on a group-wise basis:
₹1 Lakh to ₹5 Lakh group loans.
- Per annum interest:
- ₹1 to ₹3 Lakhs – 6.5%
- ₹3 to ₹5 Lakhs – 7.00%
(Conditions Applicable)
CHILDREN SCHEME (Monthly RD)
| Deposit amount per month | Total deposit for 10 months | Maturity amount paid after 12 months | Special offer after complete 12 months only |
|---|---|---|---|
|
1000 |
10,000 |
12,000 |
1500/- for books |
|
2000 |
20,000 |
24,000 |
1500/- for books |
|
3000 |
30,000 |
36,000 |
2,000 for books |
|
4000 |
40,000 |
48,000 |
2,000+ bag (worth Rs500/-) |
|
5000 |
50,000 |
60,000 |
2,000+ bag (worth Rs500/-) |
|
6000 |
60,000 |
72,000 |
2,500+ bag (worth Rs.500/-) |
|
7000 |
70,000 |
84,000 |
2,500+ bag (worth Rs.500/-) |
|
8000 |
80,000 |
96,000 |
2,500+ bag (worth Rs.500/-) |
|
9000 |
90,000 |
1,08,000 |
3,000 + books, Bag (worth 500/-) & Uniform (worth 700/-+ School |
|
10,000 |
1,00,000 |
1,20,000 |
3,000 + books, Bag (worth 500/-) & Uniform (worth 700/-+ School |
* Short term deposits also available
(Conditions are Applicable)
SENIOR CITIZENS SCHEME
| Amount Deposited (₹) | 1 Month (10%) | 6 Months (12%) |
|---|---|---|
|
1,00,000
|
834 |
6,000
|
|
2,00,000
|
1,667
|
12,000
|
|
3,00,000
|
2,500
|
18,000
|
|
4,00,000
|
3,334
|
24,000
|
|
5,00,000
|
4,167
|
30,000
|
For deposits ₹1 to ₹5 Lakhs, every year Medical Test + Medicines expenses covered: ₹2,000
| Amount Deposited (₹) | 1 Month (10%) | 6 Months (12%) |
|---|---|---|
|
6,00,000
|
5,000
|
36,000
|
|
7,00,000
|
5,834
|
42,000
|
|
8,00,000
|
6,667
|
48,000
|
For deposits ₹6 to ₹8 Lakhs, yearly Medical Test + Medicines expenses: ₹5,000
| Amount Deposited (₹) | 1 Month (10%) | 6 Months (12%) |
|---|---|---|
|
9,00,000
|
7,500
|
54,000
|
|
10,00,000
|
8,334
|
60,000
|