Interest Rates on Deposits
|
Duration
|
Interest Rate
|
Senior Citizen
|
|---|---|---|
|
31 to 90 days
|
4%
|
5%
|
|
91 to 180 days
|
5%
|
5.5%
|
|
181 days to 1 year
|
6%
|
6.5%
|
|
13 months to 2 years
|
7.5%
|
8%
|
|
2 years to 3 years
|
8%
|
8.5%
|
Monthly Interest Payout Scheme
|
Amount
|
Months
|
General
|
Senior Citizen
|
|---|---|---|---|
|
1,00,000
|
36 Months
|
662 /-
|
703 /-
|
|
2,00,000
|
36 Months
|
1324 /-
|
1406 /-
|
|
3,00,000
|
36 Months
|
1986 /-
|
2109 /-
|
Short-Term Fixed Deposits
Choose Manmad Urban Co-op. Bank Ltd.’s Short-Term Fixed Deposit scheme to keep your funds secure while earning excellent returns for a short period. Select a flexible tenure based on your financial goals and enjoy competitive interest rates. If you have surplus funds for a few months or are waiting for an investment opportunity, our short-term fixed deposit is a safe and convenient option for you.
Monthly Interest Payable Scheme
Secure a stable source of regular income through the Monthly Interest Payable Scheme. Invest your savings for a fixed tenure and receive interest every month. This scheme is the best option for those who expect regular returns while keeping the principal amount safe. This scheme provides liquidity and also guarantees a fixed income every month.
Quarterly Interest Deposit
Maximize your returns with the Quarterly Interest Deposit scheme. Invest your funds for a fixed period and receive interest every quarter (every three months). This scheme helps maintain a perfect balance between regular income and reinvestment opportunities, ensuring your savings work more efficiently.
Cumulative Deposit
Watch your savings grow rapidly with the Cumulative Deposit scheme. Earn compounded returns by reinvesting the interest, resulting in a larger corpus at maturity. This scheme is an ideal choice for those seeking maximum returns, as the accumulated interest is reinvested, boosting overall savings effectively.
Recurring Deposit
Develop a habit of disciplined savings with Manmad Urban Co-op. Bank Ltd.’s Recurring Deposit (RD) Scheme. Deposit a fixed amount at regular intervals and gradually grow your savings. Benefit from competitive interest rates and a systematic savings approach. This scheme is an excellent option for individuals aiming to achieve their financial goals through consistent investments.