co operative bank fixed deposit interest rates

Auto-renewal is a separate and independent contract, at the Bank's prevailing interest rates on the date of auto-renewal, for the same period as the original deposit. AUTO RENEWAL OF TERM DEPOSITS Term Deposit will be renewed automatically. The bank will not accept deposits beyond 5 years maturity. A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest.

(Additional 0.Co Operative Bank Fixed Deposit Interest Rates Average ratng: 4,2/5 9028 votes NRE Deposit SchemeĬertificates of Deposit - Branch Banks 2021. (single deposit of Rs 15 lakh and above.)

The rates auto populated are for Resident deposits < 1Cr.

To qualify for a Fixed Deposit Account, you must be aged 18 or over and Nationality should be Indian.

The rates are subject to change from time to time.Proof of Address: Latest Telephone Bill or Electricity Bill.Proof of Identity: PAN Card, Voter Id Card, Passport, Driving License.Interest on deposits is payable either quarterly or compounded quarterly (i.e., re-investment of interest) or monthly at a discounted value at the option of the depositor.Loan facility is available on principal and accrued interest.Safe custody of your fixed deposit receipts.The deposit can be renewed for a further period. The depositor is given a fixed deposit receipt, which depositor has to produce at the time of maturity.The main purpose of fixed deposit account is to enable the individuals to earn a higher rate of interest on their surplus funds (extra money).Enjoy this privilege in different ways as PDCC BANK offers you a range of Fixed Deposit schemes that give you a good rate of interest, thereby providing you with a strong sense of security.

Our secure Fixed Deposits provide you greater earnings with the flexibility of maintaining your funds in accessible units. A steady source of income is imperative at all points in your life.

Co operative bank fixed deposit interest rates