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Can you provide me the Domestic Term Deposit Rates of RD (Recurring Deposit Account) of Abhyudaya Co-operative Bank Ltd.? The advantage in opening a Recurring Deposit Account with Abhyudaya Co-operative Bank Ltd. is that the depositor is able to save certain sums in fixed monthly installments so that one would meet a predictable liability / obligation after the end of a specified period. Eligibility: Any person or persons approved by the Bank. Co-operative Societies, Registered Trust, Institutions and Associations By two or more persons in joint names By a natural guardian i.e. father or mother approved by the bank on behalf of a minor Interest: Interest is paid on the deposits at the rate in force from time to time. Interest amount is paid at the time of maturity. Interest Rate (% p. a) Applicable w.e.f. 01.01.2016 The revised interest rates on Term Deposits w.e.f. 01st January, 2016 will be as under: Term Deposit/Duration General Public, Trusts, N.R.O Senior Citizens depositors,Co-op. Societies including Housing, Credit, etc. and Bulk Deposits 7 Days and above up to & 6.5 6.5 inclusive 90 days 91 days & above up to and inclusive of 180 days 8 8.25 181 Days and above up to & inclusive of 15 months 8.25 8.75 Above 15 months and up to and inclusive of 36 months 8.5 9 Above 36 months and up to and inclusive of 120 months 8.25 8.75 Domestic Term Deposit Rates ![]() Last edited by Aakashd; June 29th, 2019 at 10:29 AM. |