Fixed Deposit
Make a sizeable deposit into your bank account for a specified time at a set interest rate. Invest in SUCO Banks deposit schemes and get attractive Rate of interest.
Salient features of Fixed Deposit
Revised Rate of Interest Chart On Term Deposits Updated as On 01.07.2023
RATE OF INTEREST |
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| PERIOD OF DEPOSIT | GENERAL | BULK DEPOSIT | SENIOR CITIZEN & SUPER SENIOR CITIZEN |
| 15 days to 45 days | 4.00% | 4.50% | 4.50% |
| 46 days to 90 days | 4.00% | 4.50% | 4.50% |
| 91 days to 180 days | 4.75% | 5.00% | 5.00% |
| 181 days to 365 day | 7.50% | 7.50% | 8.00% |
| Above 1 year to 3 Years |
8.00% | 8.00% | 8.50% |
| Above 3 years to 5 Years | 7.00% | 7.50% | 7.75% |
| Above 5 years | 7.00% | 7.50% | 7.75% |
| 350 Days |
9.35% | 9.60% | 9.60% |
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RRR Fixed Deposit |
RBI’s Repo Rate + 2.20% Now it’s 6.50% + 2.20% = 8.70% |
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Bulk deposit shall be of Rs.15 Lakhs and above.
S B ACCOUNTS : WEF: 02.04.2021 (Circular No. 53 / 2020-21)
Balance maintained in the account if it is as under:
Below Rs. 1 lakh – 2.50%
Rs. 1 lakh & above – 3.00%
SUCO SANCHAYA DEPOSIT:
Rate of Interest : Upto 180 days : No interest
181 to 270 days : 3%
271 to 365 days : 4%
366 to 400 days : 4.5%