Santhanpara Co-operative Bank offers a variety of fixed deposit schemes tailored to meet the financial goals and preferences of our valued customers. With attractive interest rates, flexible tenure options, and hassle-free processing, our fixed deposit schemes provide a secure and lucrative avenue for growing your savings. Here's an overview of the fixed deposit options available:
1. Regular Fixed Deposit:
- Our regular fixed deposit scheme allows you to invest a lump sum amount for a predetermined period at a fixed interest rate. Choose from various tenure options ranging from short-term to long-term, depending on your investment horizon and financial objectives.
2. Senior Citizen Fixed Deposit:
- Designed exclusively for senior citizens, this fixed deposit scheme offers enhanced interest rates to provide a steady source of income during retirement. Enjoy the benefits of secure investment and attractive returns tailored to meet the unique needs of senior citizens.
3. Tax-Saver Fixed Deposit:
- Our tax-saver fixed deposit scheme allows you to save tax while earning attractive returns on your investment. Invest up to the specified limit under Section 80C of the Income Tax Act and enjoy tax benefits while securing your financial future.
4. Cumulative Fixed Deposit:
- With our cumulative fixed deposit scheme, you have the option to reinvest the interest earned along with the principal amount, compounding your returns over time. This scheme is ideal for those looking to maximize their savings through the power of compounding.
5. Monthly Income Scheme:
- Our monthly income scheme provides a regular stream of income by way of monthly interest payouts, allowing you to meet your financial obligations or supplement your existing income. Choose the frequency of interest payouts based on your cash flow requirements.
6. Flexi Deposit Scheme:
- The flexi deposit scheme offers flexibility and liquidity by allowing you to deposit varying amounts at your convenience, while still earning attractive interest rates. Enjoy the freedom to contribute to your fixed deposit account as per your financial capabilities.
At Santhanpara Co-operative Bank, we are committed to providing our customers with reliable and rewarding investment options through our fixed deposit schemes. Whether you're planning for the future, saving for a specific goal, or seeking regular income, our fixed deposit schemes offer a secure and profitable solution. Contact us today to explore our fixed deposit options and start growing your savings with confidence.
