Senior Citizen Fixed Deposits

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.

Eligibility

Individuals (singly or jointly), Minor by guardian, Organizations, Co-op. Societies.

Documents Requirments

Duly filled in Account Opening Form with valid residential proof, PAN Number, 1 photograph and introduction by existing account holder of the Bank.

Sr. No. Type of Period Type of Deposit Senior citizens & Sharad sahakari Bank Staff Rate of Interest Bulk Amt 15 Lac & Above Rate of Interest
1 Up to 30 Day's Fixed Deposit 4.25% 4.25%
2 31 Day's to 90 Fixed Deposit 5% 5%
3 91 Day's to 180 Fixed Deposit 6% 6%
4 181 Day's to 365 Fixed Deposit 6.75% 6.75%
5 Above 12 Month to 18 Month Fixed Deposit 7.50% 7.50%
6 Above 18 Month to 36 Month Fixed Deposit 7.75% 7.75%
7 Above 36 Month to 60 Month Fixed Deposit 8% 8%
8 Above 60 Month to 120 Month Fixed Deposit 8.25% 8.25%
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