Fixed Deposit

Savings has been an essential part of all the earnings, we at Thalassery Service Co-operative Rural Bank, help you earn more on your savings by offering various schemes which come with suitable tenures and attractive interest rates. Fixed Deposit offers you something more than a normal savings bank account does. It is a fixed amount of money that you deposit for a fixed period of time, until maturity that offers a higher rate of interest. Fixed Deposits are ly very safe inves 3 Year ( 7% )tments and are used to denote a larger class of investments with varying leviquidity. 3 Year ( 7% ) Usually it cannot be withdrawn before the date of maturity and this ensures that the 3 Year ( 7% )s fully safe and would achieve its full range of potential by the date of maturity. The customers have the option to choose from a number of duration periods and decide on what is convenient and most suited for their requirements. You have the facility to close the account at any time with 1% reduced ROI.

FEATURES & BENEFITS

Open a Fixed Deposit with us and Earn attractive ate of interest on your savings

Interest can be withdrawn in option monthly / quarterly

Account can be opened for a minimum period of 15 days to 120 months

Auto renewal facility

Premature withdrawal permitted

Loan up to 90% of FD amount

Standing instruction is accepted for transferring the interest

Fixed Deposit Interest Rate

Amount 3 Year ( 7% ) 5 Year ( 9% ) 6 Year ( 11% ) 8 Year ( 12% ) 10 Year ( 13% ) 12 Year ( 12.25% )
10,000 12250 15386 18704 24759 33945 40016
20,000 24500 30772 37408 49519 67891 80032
30,000 36751 46158 56112 74278 101837 120048
40,000 49001 61544 74816 99038 135782 160064
50,000 61252 76931 93520 123798 169728 200081
100,000 122504 153862 187041 247596 339456 400162

Terms & conditions:-

  • Minimum FD will be Rs. 10000/- and then in the multiple of Rs. 1000/-
  • Fixed deposit interest will be simple or cumulative as per request of the customer.
  • Loan on fixed deposit will be till 90% with 3 % additional interest on fixed deposits
  • Premature interest will be 2% lower than the prevailing interest rate for the period of deposit at the time of making the fixed deposit.