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Devika Urban Co - Operative Bank LTD.
Udhampur, J&K

 
   
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Deposit Rates
 
DEPOSIT RATES W.E.F    06/12/2018
1. SAVING DEPOSIT 4.00%
 
2. Term/ Special Term deposits A/c / Recurring A/c
PERIOD RATE
7 DAYS TO 14 DAYS 5.00%
15 DAYS TO 45 DAYS 5.00%
46 DAYS TO 90 DAYS 6.25%
91 DAYS TO 180 DAYS 6.75%
181 DAYS TO LESS THEN ONE YEAR 7.00%

1YR > 2YR

7.50%

2YR > 3YR

7.50%

3YR > 5YR

7.25%

5YR-10YR

7.25%
Senior Citizen
0.50% Extra on deposits of 6 months and above
PERIOD RATE
181 DAYS TO LESS THEN ONE YEAR 7.50%

1YR > 2YR

8.00%

2YR > 3YR

8.00%

3YR > 5YR

7.75%

5YR-10YR

7.75%
NOTE :
1.   The revised rates of interest shall apply to fresh deposits and renewals of maturing deposits.
2.    Staff 1% above the prescribed rates.
3.  1% penalty shall be imposed in case the term deposits are withdrawn premature cum renewal.
 
What's Latest
 
SPECIAL OFFER: Interest rate on Saving Bank Deposit above 2 lakh has been revised from 4% to 6% to be paid on half yearly basis w.e.f 10th of NOV 2017. Depositor are required to maintain balance of Rs 2 lakh continuously upto the date of credit of interest for availing this special offer.