CO-OP. BANK LTD., NAGPUR

Fixed Deposits


Special Deposit Schemes With Effect From 06/04/2016

 

 

Sr. No. Deposit Period Below 1 Cr Above 1 cr
1. 15 Days - 29 Days 4.00% 4.50%
2. 30 Days - 90 Days 5.50% 6.50%
3. 91 Days - 180 Days 6.50% 7.00%
4. 101 Days 8.50% 9.00%
5. 181 Days - 365 Days 8% 8.50%
6. 366 Days & 24 Months 9% 9.50%
7. Above 24 Months 8.50% 9.00%

 

 

 

 

 

 

 


Money can be doubled within 96 months 88 days and for senior citizen within 93 months 14 days.

 

Salient Features
  • Money Multiplier Facility - Allow us to take care of your idle money by moving it into high interest fixed deposit account earning.
  • Customer Care - Our Customer Care is always available to answer any query or take your instructions.
  • Standing Instructions - You can give us various types of standing instructions like transferring to fixed deposit accounts at regular intervals.
  • Nomination Facility - You may nominate a person as beneficiary to your account proceeds
  • Liquidity -You may liquidate your account pre-matured by incurring a nominal charges for pre-matured liquidation
  • Loan Facility – Avail up to 85% loan on your fixed deposit amount
  • Renewal – You can renew the receipt back dated provided renewal period is more than the expired period.
  • Premature Extension – You can extend the period of deposit before maturity without loss of interest.
Nomination
  • Nomination facility available for kind of deposits.
  • There can be only one Nominee for a deposit account whether held singly or jointly.
  • A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
  • Applicants can make nomination by filling up the prescribed form
  • The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed
  • For more details approach your branch.
Documentation Require for account opening

Identity Proof :

  • Passport
  • PAN card
  • Voter ID card
  • Driving licence
  • Government ID card
  • Photo ration card
  • Senior citizen ID card

Address Proof :

  • Passport
  • Telephone bill
  • Electricity bill
  • Bank Statement with Cheque
  • Certificate/ ID card issued by Post office
* Any other Identity proof or Address proof document can be submitted, subject to the credit society satisfaction.
 
Note:
  • Please produce the original document(s) for verification & a photocopy of each document.
  • Please fill the form in CAPITAL LETTERS using Black ink.
  • Please countersign in case of any overwriting.
  • Please avail of the nomination facility.
  • * Mandatory to provide Permanent address and telephone number.
  • * Mandatory to complete the KYC Norms
Special Deposit for 101 Days Scheme
  • You can deposit any amount & earn interest 8.50 % in 101 days period.
  • Nomination Facility is available.
  • Premature withdrawal is available.
  • Loan facility is available.
  • You can multiply your money by getting quarterly compounded interest.