Savings Account 4.00% Interest Rate

Our Savings Account is designed to help you accumulate funds securely while ensuring liquidity. It is ideal for individuals, families, salaried professionals, and students who want to build a savings habit.

Features & Benefits:

• Competitive interest rate of 4.00% per annum, calculated daily and paid half-yearly.
• Nomination facility is available to protect your family's financial security.
• Secure ATM-cum-Debit card provided with access to ATMs nationwide.
• Quick Fund transfers via NEFT, RTGS, and IMPS services.
• Free quarterly physical account statements upon request or e-statements.

Current Account For Businesses & Traders

Tailored specifically for corporate firms, sole proprietorships, partnerships, local merchants, and trusts. Our Current Account streamlines high-volume business transactions with speed and flexibility.

Features & Benefits:

• No restrictions on the frequency or volume of daily deposits and withdrawals.
• Dedicated business checkbook provided for seamless transactions.
• Inward and outward clearing with national bank networks.
• Immediate SMS alerts for all debit/credit transactions.
• Easy linking to digital POS systems for cashless collection.

Fixed Deposit (FD) Up to 7.25% p.a.

Invest a lump sum amount for a fixed tenure and receive guaranteed higher interest returns. Fixed Deposits are safe, predictable, and offer excellent security for your capital.

Features & Benefits:

• Flexible investment tenures ranging from 1 year to 5 years.
• High interest payouts up to 7.25% p.a. depending on tenure.
• Senior Citizen Special: Extra 0.50% interest rate offered across all deposit slabs.
• Loan/Overdraft facility available against the FD certificate up to 90% of value.
• Choice of interest payouts: monthly, quarterly, or cumulative at maturity.

Recurring Deposit (RD) 6.50% Interest Rate

Build your savings discipline by depositing a fixed amount monthly. This allows you to accumulate a large fund gradually while earning attractive compound interest.

Features & Benefits:

• Low monthly deposits starting from just ₹500.
• Lock-in tenures matching your specific future plans (1 year to 5 years).
• Standing instruction facility to auto-debit the monthly amount from your Savings Account.
• Compound interest paid out collectively upon the completion of tenure.

Live Deposit Interest Rates

The interest rates shown below are effective from 01.06.2024 and are subject to change as per RBI and board notifications.