RC Mahila Sahakari Bank Deposits

Explore All Our Deposit Options

Deposits with Rani Channamma Mahila Sahakari Bank Niyamit, Belagavi

  • Insurance coverage up to Rs. 5/-lac premium payments by Bank to DICGC – Insurance company are up to date.
  • Immediate issue of Fixed Deposit Receipts/Recurring Deposit Passbooks.
  • Before maturity, payment is made immediately.

 Maximum Loan is available on the accumulated deposit amount.

  • @2% above the rate of deposit for self.
  • An auto-renewal option is available.

DEPOSITS INTEREST RATE

TYPE OF DEPOSIT

PERIOD

INDIVIDUAL

INSTITUTE

SAVINGS BANK

SB

2.75%

2.75%

TERM DEPOSIT

30 Days to 90 Days

4.50%

3.50%

 

91 Days to 180 Days

5.50%

4.50%

 

181 Days to 364 Days

6.00%

5.10%

 

1 Year

6.5%

5.00%

 

2 Years

6.75%

5.00%

 

3 Years

6.00%

5.00%

SENIOR CITIZEN

0.5 % Extra at Regular Rate of Int(Only on  F.D.R.I.)

  

RECURRING

1 Year

6.50%

 
 

2 Years

6.75%

 
 

3 Years & above

6.00%

 

PIGMY

1 Year

3.00%

 



Interest is Paid On Monthly, Quarterly, Half Yearly, Yearly Basis as Required. Standing Instructions to Credit Interest to Account With us are Accepted without Charges.

Period

Minimum 30 days 

  • Passbooks issued and updated immediately.
  • Cheque Book Facility.
  • Quick money transfer through RTGS/NEFT/UPI.
  • Outstation Bankers Cheque facility.
  • SMS alerts.
  • Any Branch Banking.
  • A nomination facility is available.
  • Interest rate 2.75%.
  • Minimum service charges.
  • IMPS, Utility Bill Payments through Mobile banking Facility.
  • RuPay Debit Card Facility. (ATM.POS, E-COM)
  • UPI Facility.
  • Payable “AT Par’ Cheque facility is available.

  • 1)Regular Savings Account.

    Minimum Balance:-
    Rs.500/-(Without Cheque Book)
    Rs.1000/-(With Cheque Book)

  •   Accounts statements / Passbook issued and updated immediately.
  • Cheque book issued immediately.
  • Quick money transfer through RTGS/NEFT/UPI.
  • Outstation Bankers Cheque facility.
  • SMS alerts.
  • Any branch banking.
  • Minimum service charges.
  • IMPS, Utility Bill payments through Mobile Banking Facility.
  • RuPay Debit Card Facility. (ATM.POS, E-COMM)
  • UPI Facility.
  • Payable “AT PAR” Cheque facility available.

    1) Minimum Balance- Rs.2000/-

In a reinvestment deposit, the interest assured to your deposit at the end of each investment is along with the principle. The tenure of your deposit must be minimum of 6 months. At the end of the quarter, the interest and the principle are both rolled over, and the interest is calculated on the total sum. Income tax is deducted at the source.

  • A small monthly can become a big kitty.
  • Fixed amounts can be invested on a monthly basis for a specified period.
  • Standing instructions for monthly deposit from accounts with us are accepted without charges.

The minimum amount for investment

Rs.100/-

Period

Minimum 1 year

We offer a range of Corporate Fixed Deposits varying in tenures, interest rates & institutions to suit your investment needs. The deposit schemes have been specially chosen from high-safety options to ensure that you enjoy the twin benefits of returns and protection. Fixed Deposits have always stood for safety, credibility and attractive rates of interest. What’s more, our interest rates are among the highest in the industry so you get the benefits of high rates of return on your savings.

The advantage in opening a Daily Deposit Account (PIGMY) is that the depositor would be able to save certain sums on a daily basis so that he/she would be able to meet an anticipated liability /obligation after the end of a specified period