Call Us : (0230) 2450123
IFSC code – IBKL0116RSB
GST No – 27AAAAR0356F1ZS

 

Term Deposit


 

Rendal Bank offers various ranges of Term deposit with various interest rates as per customer requirements.

Nature Of Depositors:
Term Deposit Account can be opened by:
Individual – Single or Joint
Minors – with Guardian;
Regd. Societies & Trusts

Documents required :
Account opening form, duly signed by the account holders
Introduction from existing account holder
Photograph of account holders
PHOTO identity such as photocopy of PAN Card, Driving License
Proof of residence in the form of photocopy of Ration Card, Electricity / Telephone bill, etc.

 

1.  Fixed Deposit

co-op society Fixed Deposit :


Period

Interest Rate %

31-60 Days

5

61-90 Days

5.50

91-180 Days

6.50

181-365 Days

6.75

Above 1Year

8

 

Special Fixed Deposit -
 

Period in Months

Interest Rate %

15

9

25

9.50


Individual Fixed Deposit :
 

Period

Interest Rate %

7-30 Days

4.50

31-60 Days

5

61-90 Days

5.50

91-180 Days

6.50

181-1 Year

7.50

1-2 Year

8.75

2-3 Year

9.00

above 3 year

8.75


Note - senior citizens - 0.50% extra interest rate for more than 1 Year Period.

2. Rinvestment Deposit

SuvarnaDeposit : 8.75% - 5 Years
 

Deposit Amount

Maturity Amount

6500.00

10000.00

16200.00

25000.00

32450.00

50000.00

64900.00

100000.00


Ichapurti Deposit(Dam Duppat) :
96 Months
91 Months(senior citizen)

 

3. Recurring Deposit

Suvarna Recurring Deposit : 8.75% - 5 Years

Deposit Amount(Montly)

Maturity Amount

150.00

11302.00

350.00

26372.00

700.00

52744.00

1350.00

101721.00


Recurring Deposit : period & interest rate as per Fixed Deposit

Dhanras Recurring Deposit : Flexi Recurring Deposit - period & interest rate as per Fixed Deposit