Deposit Interest Rates

Grow Your Savings with Competitive Interest Rates

Up to 7.75% p.a. on Fixed Deposits

Last Updated: December 06, 2025

Fixed Deposit (FD) Interest Rates

What is a Fixed Deposit?

A Fixed Deposit (FD) is a financial instrument provided by banks that offers investors a higher rate of interest than a regular savings account. When you open an FD account with Chhatarpur District Central Co-operative Bank, you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. FDs are ideal for risk-averse investors looking for guaranteed returns.

Period / Tenure	General Public (% p.a.)	Senior Citizens (% p.a.)	Special Categories (% p.a.)
7 Days to 14 Days	3.50%	3.00%	3.75%
15 Days to 30 Days	4.75%	5.25%	5.00%
31 Days to 45 Days	5.00%	5.50%	5.25%
46 Days to 90 Days	5.25%	5.75%	5.50%
91 Days to 180 Days	5.50%	6.00%	5.75%
181 Days to 1 Year	6.00%	6.50%	6.25%
1 Year to 2 Years	6.50%	7.00%	6.75%
2 Years to 3 Years	6.75%	7.25%	7.00%
3 Years to 5 Years	7.00%	7.50%	7.25%
5 Years and Above	7.25%	7.75%	7.50%

Special Notes:

Senior Citizens (60 years and above) get an additional 0.50% interest rate
Special categories include Staff, Women, and Disabled persons
Premature withdrawal allowed with penalty as per bank's policy
Tax Deducted at Source (TDS) applicable as per Income Tax regulations

Recurring Deposit (RD) Interest Rates

What is a Recurring Deposit?

A Recurring Deposit (RD) is a special type of term deposit that allows you to invest a fixed amount every month for a predetermined period. It's an excellent savings tool for those who want to build a corpus through small, regular monthly investments. RDs offer the dual benefit of regular savings and attractive interest rates.

Period / Tenure	Interest Rate (% p.a.)	Minimum Monthly Deposit	Maximum Monthly Deposit
6 Months	5.50%	₹100	No Limit
12 Months (1 Year)	6.00%	₹100	No Limit
24 Months (2 Years)	6.50%	₹100	No Limit
36 Months (3 Years)	6.75%	₹100	No Limit
60 Months (5 Years)	7.00%	₹100	No Limit
120 Months (10 Years)	7.25%	₹100	No Limit

Savings Account Interest Rates

Savings Account Benefits

A Savings Account is your primary banking relationship with us. It offers the flexibility to deposit and withdraw funds while earning competitive interest on your balance. Our savings accounts come with free ATM cards, net banking, mobile banking, and SMS alerts.

Account Type	Balance Range	Interest Rate (% p.a.)	Interest Calculation
Regular Savings Account	Up to ₹1 Lakh	3.00%	Daily Balance
Regular Savings Account	₹1 Lakh to ₹10 Lakhs	4.00%	Daily Balance
Regular Savings Account	Above ₹10 Lakhs	4.50%	Daily Balance
Senior Citizen Savings	All Balances	4.50%	Daily Balance
Women's Savings Account	All Balances	4.25%	Daily Balance
Minor Savings Account	All Balances	4.00%	Daily Balance
Salary Account	All Balances	5.00%	Daily Balance

Special Deposit Schemes

Education Savings

6.75% p.a.

Save for your child's future education with attractive interest rates

Marriage Savings

7.00% p.a.

Plan for wedding expenses with our special marriage deposit scheme

Home Savings

7.25% p.a.

Build your dream home with our home savings deposit plan

Retirement Savings

7.50% p.a.

Secure your retirement with our pension-linked deposit scheme

Tax Saving Fixed Deposits

Save Tax Under Section 80C

Our Tax Saving Fixed Deposits help you save up to ₹1.5 Lakh in taxes under Section 80C of the Income Tax Act. These deposits have a lock-in period of 5 years and offer competitive interest rates along with tax benefits.

Category	Interest Rate (% p.a.)	Lock-in Period	Tax Benefit
General Public	7.00%	5 Years	Up to ₹1.5 Lakh u/s 80C
Senior Citizens	7.50%	5 Years	Up to ₹1.5 Lakh u/s 80C

Why Choose Our Deposits?

Competitive Rates

Best-in-class interest rates for all deposit products

100% Safe

Deposits insured by DICGC up to ₹5 Lakhs

Flexible Tenure

Choose from 7 days to 10 years tenure options

Loan Against Deposit

Get instant loans up to 90% of your deposit value

Auto-Renewal

Automatic renewal facility for fixed deposits

Easy Access

Open deposits online through net banking or mobile app

Important Information

Interest Calculation Methods

Simple Interest: Calculated on the principal amount only
Compound Interest: Interest calculated on principal plus accumulated interest (quarterly compounding)
Daily Balance Method: For savings accounts, interest calculated on daily closing balance

Terms and Conditions

Interest rates are subject to change without prior notice as per RBI guidelines
Premature withdrawal of fixed deposits allowed with 1% penalty on interest rate
Minimum deposit amount: ₹1,000 for FD, ₹100 per month for RD
TDS deducted as per Income Tax rules (currently 10% if interest exceeds ₹40,000 annually)
Senior citizen benefit available for customers aged 60 years and above
Nomination facility available for all deposit accounts
Joint accounts allowed with either or survivor/former or survivor options
KYC documents mandatory for opening deposit accounts

Documents Required

Identity Proof: Aadhaar Card, PAN Card, Passport, Voter ID, or Driving License
Address Proof: Aadhaar Card, Utility Bills, Passport, or Rent Agreement
Recent Passport Size Photographs (2 copies)
PAN Card (Mandatory for deposits above ₹50,000)
Age Proof for Senior Citizen benefits

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Disclaimer:

The interest rates mentioned above are indicative and subject to change as per RBI guidelines and bank's internal policies. For the most current rates, please contact your nearest branch or call our customer care. Chhatarpur District Central Co-operative Bank reserves the right to modify these rates without prior notice. Terms and conditions apply.