Whats Hot
Whats Hot
Pursuant to the decision adopted by the appropriate authority of Tamluk Ghatal Central Co-operative Bank Ltd. it is here by notified for the information of all concerned that with effect from 11/12/2023, the rates of interest on all sorts of deposits shall stand revised 3rd time during the financial year 2023-24 as follows:
| Sl. No | Type of Deposit | Rate of Interest (% p.a.) | Senior citizen (Age Above 60 years) | ||||
|---|---|---|---|---|---|---|---|
| General | Co-Oprative Societies | ||||||
| Less than 1 cr | Rs 1 cr and above | Less than Rs 1 cr | Rs 1 cr and above | ||||
| 1 | a | Savings Deposit | 3.20 | ||||
| b | Micro Deposit | 3.00 | |||||
| c | Special Savings Deposit (Samabay Sathi) for Retirement / Exit Benifits of Society's Employees | 5.00 | |||||
| 2 | Term Deposit | ||||||
| a | 7 days to 14 days | 3.50 | 6.00 | 4.75 | 6.05 | 4.75 | |
| b | 15 days to 29 days | 4.00 | 6.00 | 4.75 | 6.05 | 4.75 | |
| c | 30 days to 45 days | 4.00 | 6.00 | 4.75 | 6.05 | 4.75 | |
| d | 46 days to 90 days | 4.50 | 6.45 | 5.50 | 6.50 | 5.25 | |
| e | 91 days to 180 days | 4.50 | 6.55 | 5.50 | 6.60 | 5.25 | |
| f | 181 days to 364 days | 6.00 | 6.80 | 6.10 | 6.85 | 6.50 | |
| g | 365 days / 12 Months / 1 year | 6.85 | 6.95 | 6.90 | 7.00 | 7.35 | |
| h | Above 12 months to 24 months | 6.90 | 6.75 | 6.90 | 6.95 | 7.35 | |
| i | Above 24 months to less than 36 months | 7.00 | 6.75 | 7.00 | 7.00 | 7.55 | |
| j | 36 months to 60 months | 6.50 | 6.30 | 6.55 | 6.25 | 7.05 | |
| k | More than 60 months to 120 months | 6.50 | 5.65 | 6.50 | 5.65 | 7.55 | |
| 3 | Monthly Income Scheme(MIS) for individials (minimum Rs. 5000.00 & then multiplies of Rs. 1000.00 for a Period of 3 years) | 6.75 | 7.25 | ||||
| 4 | Deposit against Statutory Reserve funds, Bad Debt Funds & Other funds of Co-Oparative Societies/ Co-Oparative Banks. Interest will be calculated and served to designated account on half yearly basis. | 7.00 | |||||
