Deposits

A savings account is a basic type of bank account that allows you to deposit money, keep it safe, and withdraw funds, all while earning interest. We offer the best rate of interest of 2.70% to all of our SB account holders. Minimum balance of SB account without cheque book is Rs.500/- and with cheque book is Rs.1000/-.

Current bank account is opened by businessmen, firms, organizations, institutions, trusts and societies who are having a higher number of regular transactions with the bank. We are having a large number of trusted current accounts. Minimum balance to open current account is Rs. 3000/-.

Recurring Deposit Interest Rates

Deposit Type Interest Rate Senior Citizen
1 year to less than 2 years 8.25% 8.75%
2 years to 5 years 8.00% 8.50%

Deposit Interest Rates

Deposit Type Interest Rate Senior Citizen
15 days to 45 days 5.00% 5.50%
46 days to 90 days 6.00% 6.50%
91 days to 179 days 6.60% 7.10%
180 days to 364 days 6.75% 7.25%
1 year - less than 2 years 8.25% 8.75%
2 years and above 8.00% 8.50%

Daily savings deposit is a daily collection deposit. Our agent will collect the cash from the depositors. We offer the best rate of interest to this scheme.