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

 
   
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Deposit Rates
 

Period

Rate

7 DAYS TO 14 DAYS

3.25%

15 DAYS TO 45 DAYS

3.25%

46 DAYS TO 90 DAYS

4.25%

91 DAYS TO 180 DAYS

4.50%

181 DAYS TO LESS THAN ONE YEAR

4.75%

1 YR > 2YR

5.25%

2 YR > 3YR

5.25%

3 YR > 5YR

5.00%

5 YR > 10YR

5.00%

 

 

For Senior Citizen

0.50% extra on deposit of 6 months and above

 

Period

Rate

181 DAYS TO LESS THAN ONE YEAR

5.25%

1 YR > 2YR

5.75%

2 YR > 3YR

5.75%

3 YR > 5YR

5.50%

5 YR > 10YR

5.50%

 

Note:

  1. The revised rates on interest shall apply to fresh deposit and renewals of maturing deposit.
  2. Staff 1% above the prescribed rates.
  3. 1% penalty shall be imposed in case the term deposits are withdrawn premature cum renewal.

 

 

 

Sd/-

Rakeh Sharma

(Chief Executive Officer)

 
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