Deposit

No. Deposit Types
1 FIXED DEPOSIT(Minimum period 15 days)
2 SAVINGS BANK DEPOSIT(5% Interest)
3 CURRENT DEPOSIT
4 GRAMALAKSHMI DEPOSIT
5 AKSHAYANIDHI DEPOSIT
6 MUTUAL BENIFIT DAY DEPOSIT SCEHEME

Interest for Fixed Deposits

No. Investments Durations Interest Rate*
1 15 days to 45 days 5.00
2 46 days to 90 days 5.50
3 91 days to 179 days 6.00
4 180 days to 364 days 6.25
5 1 year to less than 2 years 7.00
6 2 years and above 7.00

*0.50% additional interest for Senior citizens.

*Rate of interest varries in accordance with the timely circulars of Registrar of Co-operative Societies.