Term deposits

Agriculture Co.Op.Societies, Non Agri Co.Op.Societies, Urban Co.Op.Banks and Housing Co. Op. Societies can take benefit of this scheme.
Minimum amount required for deposit is Rs.5,00,000/- and above.
Deposit Period – 460 days.
Interest rate – 6.50% and interest will be calculated on Simple Interest basis.
Existing deposit with our bank can not be prematurely closed to open account under this scheme, new deposit should be in the form of Cash deposit or renewal cases.
No penal charges will be charged if the receipt is closed before maturity but after 365 days.
Co.Op.Societies which are investing their deposit in this scheme are eligible for loan up to 90% of their invested amount.
Rate of interest on loan given on Sahkar Sahvardhini investmet ,will be more by 0.50%.
Attractive gift items will be given to the Co.Op.Societies (investors) if the amount of investment is greater than Rs.25 Lacs.

The investors in this scheme must be farmer, and should produce 7/12 extract with proper application.
The Minimum amount to be invested in this scheme(Jaikisan Deposit) should be Rs.10,000 or above and that should be invested one time or Recurring deposit can be opened with Rs 200 or in that fold for 15 months.
The period for JAIKISAN DEPOSIT will be 15 months.
Rate of interest for JAIKISAN DEPOSIT scheme will be 10 % PA wit simple interest.
Existing deposit with our bank can not be prematurely closed to open account under this scheme, new deposit should be in the form of Cash deposit or renewal cases.
No penal charges will be charged if the receipt is closed before maturity but after 365 days.
Attractive gift items will be given to the Farmers (investors) if the amount of investment is greater than Rs.2 Lacs.
Investors who are investing their deosit in this scheme are eligible for loan up to 90% of their invested amount. On such loan interest will be charged at the same rate i.e. of investment rate.
According to needs of the customer the loan should be granted for 15 months @ rate of 11% in the multiple of 1:2:5 of the invested amount (maximum 1 Lacs) under this scheme. Noting of the same will be done on 7/12 extract.All the required documents for Cash Credit Facility will be taken from investors.

This Scheme is for unmarried girls, married women, widows and women Self Help Groups.
Under this scheme atleast Rs. 5000/- should be invested.
The period for this scheme is of 351 days.
In this scheme Rate of interest for women is 10.25% and for women Self Help Groups is 10.50% at compound rate of interest.
Investors who are investing their deosit in this scheme are eligible for loan up to 90% of their invested amount.
The women Self Help Groups which are investing Rs. 1Lacs or more amount will be eligible for 0.25 % commission on the same.
Attractive gift items will be given to the Investors, if the amount of investment is greater than Rs.5 Lacs.

Under this scheme the investors investing for 12 months to 23 months will be given 8% rate of interest on their investment.