Rate of Interest on Deposits has been revised by the Management w.e.f. 01.01.2023 as per the following detail.
| Account Type | Duration | Rate of Interest |
| Savings Bank | – | 3.50% |
| Term Deposits | 15 days to 45 days | 3.75% |
| 46 days to 90 days | 4.00% | |
| 91 days to 180 days | 4.50% | |
| 181 days to 270 days | 4.50% | |
| 271 days to less than 1 year | 5.20% | |
| 1 year | 6.00% | |
| Above 1 year to 2 years | 5.70% | |
| Above 2 years to 7 years | 5.50% |
- Senior Citizens will be entitled to higher interest of 0.50% p.a. over the normal rate for their deposits with us for 1 year and above.
- Employee, Members, and widow/widower of deceased employee/member of this Co-operative Bank will also be entitled to higher interest @ 1.00% p.a. over and above the normal rate of Interest.
- Senior Citizen Ex-members, Senior Citizen Ex-Staffs and widow/widower (senior citizen) of deceased ex-employee/ex- member of the Bank who is above 60 years of age shall be entitled to 1.50% p.a. higher rate of Interest over and above the normal rate on their deposits with us for 1 year and above.
- No Penal Interest for pre-matured payment for the purpose of Re-Investment under revised scheme as above.
- In case of premature payment, 1.00% penalty will be levied on the rate of interest applicable for the period the deposit remained with the Bank