Shape

Deposit Accounts

  • Home
  • Deposit Accounts

Deposit Accounts

Multiply your savings and earn better returns with our Deposit Accounts, crafted to give you more value on your savings and investments.

Fixed / Cumulative / Recurring Deposit

For Personal Savings

With the Deposit Account Opening Form, any one of the following documents is compulsory as address proof / ID proof (Individual):

  • Passport
  • Voter ID Card
  • Driving Licence
  • Latest Light / Telephone Bill

Additional Documents Required

  • PAN / GIR No. / Form 60 / 61
  • Passport size photographs (2 copies)

For Society / Trust

  • Certified copies of Constitution & Bye-laws
  • Certificate of Registration
  • Managing Body Resolution for account operation

Fixed Deposit Interest Rates

# Period Ordinary Senior Citizen Society / Trust
1 15 to 45 Days 3.00% 3.50% 3.50%
2 46 to 180 Days 4.50% 5.00% 5.00%
3 181 Days to 210 Days 5.25% 5.75% 5.75%
4 211 Days to 1 Year 5.75% 6.25% 6.25%
5 1 Year to 3 Years 6.75% 7.25% 7.25%
6 Above 3 Years 6.25% 6.75% 6.75%

Daily Deposit (Pigmy)

The Bank also provides Pigmy Deposit Accounts through authorized Pigmy Agents, offering a rate of interest of 2%.

Dam Duppat Scheme

A special scheme that doubles ₹10,000 to ₹20,105 over a period of 87 months.

DICGC

The Bank is covered under the DICGC scheme, which insures deposits up to ₹5.00 Lakh.

DICGC DICGC