Fixed Deposits
Fixed Deposit Overview
Looking for a secure way to grow your savings? With Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd Fixed Deposit, your money is in safe hands, ensuring a stable and prosperous financial future. Check our interest rates today and start investing with confidence.
Eligibility
Anyone who is eligible to open a Current or Savings Bank Account with the Bank are eligible to invest in term deposits.
Features & Benefits
Automatic renewal facility for equal period except for special schemes
Additional 0.6% interest for Senior citizens
Overdraft/ loan against FD available
Nomination/pre-closure facilities available
- A time deposit for a fixed period to earn interest with easy liquidity.
- Interest payout - Yearly/Half yearly/quarterly/monthly basis.
- Amount - Minimum of Rs. 100/- and in multiples of 100 thereafter.
- Term - Minimum of 7 days and Maximum of 10 years
Automatic renewal facility for equal period except for special schemes
Additional 0.6% interest for Senior citizens
Overdraft/ loan against FD available
Nomination/ pre-closure facilities available
- A time deposit for a fixed period to earn interest with easy liquidity.
- Interest payout - Yearly/Half yearly/quarterly/monthly basis.
- Amount - Minimum of Rs. 100/- and in multiples of 100 thereafter.
- Term - Minimum of 7 days and Maximum of 10 years
Documents Required
List Of Valid KYC Documents For Account Opening:
- Aadhaar Card, PAN Card, Driving License, Gas Bill, Electricity Bill.
- Residential address proof.
Term Deposit Interest Rates
At Sai Venkateswara Multipurpose Mutual Aided Co-operative Society Ltd, we understand the importance of stable and secure investments. Our Fixed Deposit Scheme offers you a reliable avenue to grow your savings consistently. Here are the key features.
| S.No | Time Limit | Ordinary Members | Senior Citizen Members | ||
|---|---|---|---|---|---|
| 1 | 1 year to below 2 years | 11.50% | 949/- | 12% | 990/- |
| 2 | 2year to below 3 years | 12.50% | 1031/- | 13% | 1072/- |
| 3 | 3 year to below 5 years | 13.50% | 1112/- | 14% | 1153/- |
| 4 | 5 years | 15% | 1235/- | 15% | 1235/- |
Investment
Flexible Tenure
Seamless Transfers
Seamless Transfers
| S.No | Time Limit | Ordinary Members | Senior Citizen Members | ||
|---|---|---|---|---|---|
| 1 | 1 year to below 2 years | 11.50% | 949/- | 12% | 990/- |
| 2 | year to below 3 years | 12.50% | 1031/- | 13% | 1072/- |
| 3 | 3 year to below 4 years | 13.50% | 1112/- | 14% | 1153/- |
| 4 | 5 years | 15% | 1235/- | 15% | 1235/- |
