Deposit Interest Rate

   

Nationalized banks are being provided on its fixed interest on deposits view of the changes made to the management by the Bank on or after the date 12/10/2015 and upgrade the fixed deposit interest rates permissible on deposits has decided to amend as follows:

 

Serial No.	Time Period	Updated Interest Rates in % yearly (effective from 12/10/2015)
1.	15 days to 45 days	4.50%
2.	46 days to 90 days	5.25%
3.	91 days to 180 days	5.25%
4.	More than 181 days but less than 1 year	6.25%
5.	More than 1 year but less than 2 year	8.00%
6.	More than 2 year but less than 3 year	7.75%
7.	More than 3 year but less than 5 year	7.75%
8.	More than5 year but less than 8 year	7.50%
9.	More than 8 year to 10 year	7.50%

 

Note:-

            Saving Bank Deposit (On Daily Basis):-  3.50 %

 

Important Note:

1. Senior citizens will be paid 0.50% more interest on their deposits for any time period..

 

Note:-For more details,please contact District Co-operative Bank Ltd. Saharanpur. nearest Branch.