1. Fixed Deposits
Bank provides maximum interest to the depositors as per the Circular issued by the Co Operative Deapartment.Our Fixed Deposit interest rates are:
15 days to 45 days : 6%
46 days to 90days : 7%
91 days to 179 days : 7.5%
180 days to 364 days : 8%
01 yrs to below 02 yrs : 8.5%
Above 02 yrs : 8.25%
Additional 0.5%interest to Senior Citizens.
2. CUMULATIVE CASH CERTIFICATES
This scheme provides maximum benefit to the depositors at the time of maturity of the deposit. The same rate of interest is applicable to this scheme. In this scheme the interest is compounding.
3. Recurring Deposits
This scheme is monthly deposit scheme and the same rate of interest is applicable in the fixed deposit schemes.
4. Savings Bank Account
This type of account opened by members and also non members of the bank. This deposit helps to motivate the customers for the savings of their small savings 5% rate of interest is applicable in this type of deposits.
5. Zero Balance Accounts
Zero balance accounts helps day to day depositors and students for developing their saving habits.