Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth.
Individuals (singly or jointly), Minor by guardian, Organizations, Co-op. Societies.
A - If you are opening account for 6 months and you closed account in 3 months the the rate of interst will be 1.50% (For Pigmi Deposit) Auto Reneval Working from 01/12/2015
B - If you are opening account for 24 months and you closed account in 12 months the the rate of interst will be 2.00% (For Pigmi Deposit) Rate of interest is not applicable to Co-operative societies saving account
| Sr. No. | Type of Period | Type of Deposit | Individuals A/c Holder Rate of Interest | Senior citizens & Sharad sahakari Bank Staff Rate of Interest | Bulk Amt 15 Lac & Above Rate of Interest |
|---|---|---|---|---|---|
| 1 | Above 12 Month to 18 Month | Recurring Deposit | 7.25% | 7.50% | 7.50% |
| 2 | Above 18 Month to 36 Month | Recurring Deposit | 7.50% | 7.75% | 7.75% |
| 3 | Above 36 Month to 60 Month | Recurring Deposit | 7.75% | 8% | 8% |
| 4 | Above 60 Month to 120 Month | Recurring Deposit | 8.10% | 8.25% | 8.25% |
Sharad Sahakari Bank Ltd., Manchar
A/p. Manchar, Tal. Ambegaon, Dist. Pune Pin - 410503 Maharashtra, India.
02133-223603, 02133-223103, 02133-225450
Toll free no. - 18002332124
