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74900 10001 | 74900 20003

Fixed Deposit Scheme

The Co-operative Bank of Rajkot Ltd. [Raj Bank] facilitates more flexibility to the customers by providing various deposits scheme. Bank’s Current accounts holder provide the convenience to the customers of safety & security of their deposits in addition to quick access to their funds. Current deposit, by nature is for those customers who prefer to transact with the banks more frequently. At The Co-operative Bank of Rajkot Ltd. [Raj Bank], customers always enjoy services with a personalized touch. The Co-operative Bank of Rajkot Ltd. [ Raj bank] is a CBS enabled bank & customers can get the benefit of ‘Any Branch Banking’.

  • Loan/Overdraft facility up to 95% of the deposit amount in addition to the accrued interest thereon.
  • For such loans interest shall be charged 1%  over the deposit rate and in case of Third party deposit loan rate of interest will be a little higher.
  • No processing fees will be charged for Loans and Advances against bank deposits.
  • Deposits can be accepted as the margin money for non-fund based facilities.
  • On pre-matured withdrawal of your deposits, interest will be calculated at  the rate applicable for the period of deposits. No penalty.
  • Nomination facility available.
  • For senior citizen rate of interest will be little higher , for further assistant please visit our  branch near to you.

Fix Deposit Calculator

Choose from various Fixed deposit plans

Simple Deposits :

  • Easy account procedures.
  • No photograph or other documents required for saving account holders.
  • Free of cost advice regarding tax planning for higher amount of FDs.
  • Encashment of FD through ATM in the years to come.

Monthly Deposits :

  • No Discounted rate.
  • Interest credited as per customer’s instruction.
  • Receipt wise Interest entry can be given for better reconciliation.
  • No photograph or other documents required for saving account holders.
  • Free of cost advice regarding tax planning for higher amount of FDs.

Quarterly Deposits :

  • Interest credited as per customer’s instruction.
  • Receipt wise Interest entry can be given for better reconciliation.
  • Easy account procedures.No photograph or other documents required for saving account holders.
  • Free of cost tax planning for higher amount of FDs.

Re Investment Deposit :

  • Interest credited to the deposit account every quarter.
  • No photograph or other documents required for saving account holders.
  • Free of cost tax advice regarding planning for higher amount of FDs.