NUTAN NAGARIK SAHAKARI BANK LTD AHMEDABAD Interest Rates on Fixed Deposits / S.S.D.C. / Recurring Deposits / MIDC
w.e.f. 02/08/2019
| 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 | 7.25% |
| 4 | Above 2 Year & Upto 3 Years | 7.50% |
| 5 | Senior Citizen * [ Applicable for 1 year & above deposits - Additional 0.50% Interest rate ] | |
|
NUTAN BULK DEPOSIT SCHEME [w.e.f. 01/04/2018] [Single Deposit of Rs.1/- Crore and above] |
||
| 1 | Above 1 Year and upto 3 year | 7.50 % |
| NUTAN ABHIGAM CERTIFICATE - FIXED DEPOSIT SCHEME [ w.e.f. 02/05/2018 ] | ||
| Fixed for 1100 Days | ||
| General Public | 7.50% | |
| Senior Citizen | 8.00% | |
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% |
