Subject:- Fixed Deposits Interest rate applicable wef 01.09.2025
In connection with above it is to inform you that as decided in board of Director’s circulating meeting Resolution.no.19 date 27-08-
2025 rate of Interest applicable on Fixed deposits/Cumulative deposits/recurring deposits will be changed as given below wef 01-09-2025.please ensure compliance accordingly
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Details of Fixed depoits (period)
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Interest rates for General public/PACS
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Interest rates for Senior Citizen
|
|---|---|---|
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From 15 days upto 45 days
|
3.25%
|
3.25%
|
|
From 46 days upto 90 days
|
4.00%
|
4.00%
|
|
From 91 days upto 120 days
|
4.25%
|
4.25%
|
|
From 121 days upto 180 days
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4.50%
|
4.50%
|
|
From 181 days upto 364 days
|
5.25%
|
5.25%
|
|
For 1 year only
|
6.50%
|
7.00%
|
|
Above 1 Year upto 2 Years
|
6.00%
|
6.50%
|
|
Above 2 Years upto 3 Years
|
6.25%
|
6.75%
|
|
1095 Days (3 Years only)
|
6.15%
|
6.65%
|
Co-operative Societies will be eligible for interest rate of 5.50% on single deposits of Rs 5 crore or more from 121 days to 180 days.
– To give 1% more interest to the staff of the bank than the fixed deposit interest rates as per RBI Bank rules.
–
– If the retired staff is a senior citizen, the same benefit is either the staff or the senior citizen.
Maturity amount has to be paid according to CBS system only.
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Month/Day
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Rate of provision for general customers
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Rate of Provision for Senior Citizens
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|---|---|---|
|
12 (365 Day)
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6.50%
|
7.00%
|
|
24 (730 Day)
|
6.25%
|
6.75%
|
|
36 (1095 Day)
|
6.15%
|
6.65%
|
With Effect From 01-09-2025, The Rate Of Intrest On Saving Deposits Shall Be 3.00% per Annum.
© 2023 Valsad District Central Co. Op. Bank Ltd
