Fixed Deposits
"Fixed Deposit account is opened by that individual who wants to save for certain period of time and can earn good rate of interest."
In Fixed deposit a member can deposit of minimum of Rs 1000/- or in multiple of Rs 1000/- is accepted for a specified period ( one year to five year )
and the total amount is repaid with interest at the end of the particular period.
|
Srl No. |
Duration |
Interest Rate P.A. |
|
1. |
1 Year to 2 Years |
10.00 % |
|
2. |
2 Years to 3 Years |
10.25 % |
|
3. |
3 Years to 4 Years |
10.50 % |
|
4. |
4 Years to 5 Years |
11.00 % |