Deposit Interest Rates

Interest Rates on Term Deposits.

All Term Deposit Scheme

NUTAN NAGARIK SAHAKARI BANK LTD AHMEDABAD Interest Rates on Fixed Deposits / S.S.D.C. / Recurring Deposits / MIDC

w.e.f. 16/08/2017

No Particulars Rate
1 For 15 Days to 180 Days 5.50%
2 For 181 Days to 364 Days 6.50%
3 For 1 Year & Upto 2 Years 7.00%
4 Above 2 Year & Upto 3 Years 6.75%
5 Senior Citizen * [ Applicable for 1 year & above deposits - Additional 0.50% Interest rate ]  

 Under Senior Citizen Scheme 1st Name of the Deposit holder must be Senior citizen.

* 1% Additional interest rate to Staff / Ex-staff members (Retired)

* Recurring Deposit & MIDC should be accepted for min. 1 Year & upto 3 Years only.

* 0.50 % Penalty should be levied on Deposit paid before maturity.

* Nutan Tax Saving Deposit Scheme

Deposit under benefit of Income-Tax under section 80 C for a Fixed Period of 5 Years.

Particulars Interest Rate

(A) For General Public

6.75%

(B) For Senior Citizen

7.25%

(c) For Staff

7.50%