Home | > | Deposit Schemes | > | Term Deposit Scheme |

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Under this scheme, the depositor will receive one Lakh one thousand Rupees on maturity as interest rates are attractive. Accounts can be opened for period in 3 different stages (period) as per customer convenience.
Method of interest calculation and penalty for late payment of installment will be same as applicable to other RD deposit accounts. *Amount Changed from 01/09/2020
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This scheme is been introduced for monthly saving where you can deposit a certain amount for specified period by the bank. Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
Along with this we have various schemes of deposits like Fixed Deposit Monthly Interest Scheme, Quarterly Interest Scheme, Half Yearly Interest Scheme, Kamdhenu Deposits (Cumulative Deposit Scheme). Minimum Amount of deposit: 100 & in multiples of 100/- Period : Min-12 Months & Max-120 Months |
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The most common term of investment where customer gets better returns/interest on their deposits. Bank offers various ranges of schemes in the form of Fixed Deposits where interest is paid to investor’s at regular intervals, Re-Investment Benefit Deposits where interest gets accumulated in principle & investor receives an accumulated maturity amount at the end of tenure of deposits.
The Vishweshwar Sahakari Bank offers following schemes to its customers. |
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Under this scheme investor invest a certain amount for a given period and amount is paid on maturity with interest on quarterly compounding basis. This is the most common form of deposit. |
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GENERAL :-
*Condition apply.
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