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

 
   
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Deposit Rates
 

DEPOSIT RATES

W.E.F 04/03/2021

The Saving Bank Interest rate : 3%

 

 Term/ Special Term deposits A/c / Recurring A/c

PERIOD

REVISED RATE

7 DAYS TO 14 DAYS

3.5%

15 DAYS TO 45 DAYS

3.5%

46 DAYS TO 90 DAYS

4.5%

91 DAYS TO 180 DAYS

4.75%

181 DAYS TO LESS THEN ONE YEAR

5%

1YR > 2YR

5.50%

2YR > 3YR

5.50%

3YR > 5YR

5.25%

5YR-10YR

5.25%

Senior Citizen

0.50% Extra on deposits of 6 months and above

PERIOD

PRESENT RATE

        REVISED

181 DAYS TO LESS THEN ONE YEAR

5.5%

1YR > 2YR

6

2YR > 3YR

6

3YR > 5YR

5.75%

5YR-10YR

5.75%

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3.  1% penalty shall be imposed in case the term deposits are withdrawn premature cum renewal.

 

Sd/-
Rakesh Sharma
(Chief executive officer)

 

 

 

                                               

 
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