DEPOSITS

The Bank accepts Term Deposits for one year and above on higher interest rates in comparison to the other Commercial Banks. Besides this Deposits are exempted from Deduction of Tax at Source under Section 194 A of income Tax Act.

Deposit with us for all round growth of your money. We assure you better services. We care for your money.

The revised interest rates on Term Deposits with effect from 13th July, 2020 shall as under:-

 S.No

 Period

  Revised Rate of Interest

1

1 year to less than 2 years

6.50%

2

2 years to less than 3 years

6.25%

3

3 years and above

6.00%

4

Double Money Scheme

129 Months







Deposit Incharge : V. K. Bhat   I/C Deposit (Regional Office)
M.No. : 9419794330