Revised Rate of Interest (INR)on different types & tenure of deposits with effect from 24/02/2025.
The decision taken in the H.D.E. meeting dated 10/02/2025 regarding revision of Rate of Interest on deposits; it is hereby informed to all concerned that the rate of interest on deposits as mentioned below, has been revised on fresh or renewal of deposits with effect from 24/02/2025.
Rate of interest on Savings Bank and Term Deposits with effect from 24/02/2025
Sl | Type of Deposit | Current Rate of interest @ % | Previous Rate of Interest @ % |
1. (a) | Savings (General) | 3.10 | 3.00 |
(b) | Special Savings up to 13 Months (Ho/Br) | 3.00/2.50 | 3.00 |
(c) | Special Savings for 37 Months | 5.50 | 6.50 |
2. | Term Deposits (Special Fixed & Recurring Deposit) | – | – |
(a) | 12 Months -32 Months | 7.10 | 7.00 |
(b) | 33 Months only | 7.25 | 7.15 |
(c ) | 34 Months-60 Months | 6.75 | 6.70 |
(d) | Above 60 Months-120 Months | 6.00 | 5.60 |
(e) | Monthly Income Scheme( 03 years only) | 7.30 | 7.50 |
3. | Term Deposits (Fixed, using Simple Interest rate) | – | – |
(a) | General FD 121 Days | 6.50 | 6.75 |
(b) | Women/Senior Citizen FD (366 Days) | 7.60 | 8.00 |
Our Technology
1. Online CBS Banking.
2. SMS alert in all Transaction in real time
3. NEFT/RTGS facility.
4. Mobile view of Transactions . Apps - "MVIEW"
5. ATM CARD (Prepaid) though ICICI Bank.
6. Online Report Generation on Member's Access.
2. SMS alert in all Transaction in real time
3. NEFT/RTGS facility.
4. Mobile view of Transactions . Apps - "MVIEW"
5. ATM CARD (Prepaid) though ICICI Bank.
6. Online Report Generation on Member's Access.
Loans & Advance
Interest on Different Loans in INR;-
- KCC (Kisan Credit Card ST)- @7.00%
- Self Help Group - @11.00%, where 9.00 % refundable
- Term Deposit -@ +2.00% higher to interest of Certificates
- NSC/KVP/Govt. Security [email protected]%
- Business [email protected]%
- Personal [email protected]%
- Toto/Bike- @12.00%
All Interest are calculated in Simple interest method. And is changeable upon the BoD decision.
Deposits
- Savings
- Recurring
- Fixed
- Monthly Income Scheme
- Daily/Pigmy Deposits
Terms & Conditions:-
- The Existing employee would be allowed additional 1% interest over the normal rate of interest on all types of Deposits.
- Proper KYC must be obtained for opening of TD A/c or the Linked SB A/c must be properly KYC Compliant.
- “Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Society"
Other Finances
Insurance for Personal and Car by IRDA regulated Organization.