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Deposit Interest Rate

 

Nationalized banks are being provided on its fixed interest on deposits view of the changes made to the management by the Bank on or after the date 01/01/2017 and upgrade the fixed deposit interest rates permissible on deposits has decided to amend as follows:

 

  Serial No.

                  Time Period

Interest Rates in % yearly (effective from 01/01/2017)

    (A)  Deposite Account Scheme :-  

        1

          7 days to 14 days

         5.00%

        2          15 days to 29 days          5.00%
        3          30 days to 45 days          5.50%
        4          46 days to 60 days          6.00%
        5.         61 days to 90 days          6.25%

        6.

         91 days to 179 days

         6.50%

        7.         180 days to 269 days          7.00%
        8.         270 days to 364 days          7.00%

        9.

       For 1 year or more Than one year & upto 2 years 

         7.25%

       10.

      More than 2 year or  upto 3 years 

         7.25%
       11.       More than 3 year or  upto 5 years          7.25%

       12.

      More than 5 year or  upto 10 years 

         7.25%

      (B)  Deposite Account Scheme for Senior Citizen  :-  
           1 year or more & upto 10 years            7.75%

 

Note:-

            Saving Bank Deposit (On Daily Basis):-  4.00 %

 

Important Note:

  1.  For DCB Bank Staff  will be paid 1% more interest on their deposits for any time perio
  2. 1% Extra on SB A/C who maintained with Rs. 50000.00 or above continuous Six Months.

 

For more details,please contact the Zila Sahkari Bank Ltd. Mirzapur nearest Branch.