SAVINGS BANK ACCOUNTS : We pay an interest @ 4 % on such an account. Savings account may be opened either individually or jointly. This account may be opened with a minimum balance of Rs.500/- (without cheque facility) and Rs.1000/-(with cheque facility).We also open BASIC SAVINGS BANK DEPOSIT ACCOUNTS with zero balance.
FIXED DEPOSIT ACCOUNTS SCHEME:Your money grows faster in this scheme, and the amount has to be kept for a specific period. Simple Interest is paid under this scheme .
RECURRING DEPOSIT SCHEME: This scheme is suitable for regular monthly earners .Interests Compounded quarterly are applicable in this scheme. A minimum deposit of Rs.5/- and multiples thereof for a period of ten years can be deposited every month to get a maturity value after completion of the stipulated period.
MONTHLY INCOME FIXED DEPOSIT SCHEME: This scheme is a tailor made scheme for those who want to deposit a big amount and avail monthly interests.
CASH CERTIFICATE DEPOSIT SCHEME: A small amount is deposited with the bank for a specified period as suitable for a depositor, to get a bigger lumpsum amount on maturity. Interest in this scheme is applied quarterly.
DAILY DEPOSIT ACCOUNT SCHEME: Our authorized agents collect your money from your doorstep everyday for a period of 1 year. This is a unique scheme for small depositors & petty traders. Minimum deposit is Rs.5/- and maximum deposit is Rs.500/-.Loans against the deposit and premature closure is permissible under this scheme.
LAKHPATI RECURRING DEPOSIT SCHEME: A unique scheme, where you deposit an amount of Rs.1000/- per month for a period of 75 months, and earn a Maturity amount as per the chart given below: Premature closure and loans against the deposited amount is permissible as per usual norms.