1. Interest Rates on Term Deposits
with effect from 29-12-2011

Sl. No. Period of Deposits Rates of Interest (% p.a.)
1 15 to 45 days 7.00
2 46 to 90 days 7.50
3 91 to 179 days 9.00 8.25
4 180 to 364 days 9.00
5 1 year & above 9.75

 

      

 



OUR DEPOSIT SCHEMES

a) COBANK SURAKSHA Tax Saver Cash Certificate : Depositor is eligible for Income Tax reduction undr Sec.80(c)      of IT Act upto an amount of Rs.1.00 Lakhs . Compound interest is the major attraction of this Scheme.      Minimum duration of Cash Certificate is one year.

b) COBANK SUPER TAX SAVER Fixed Deposit : Interest on the deposit will be paid to the depositor Monthly,     Quarterly, Half Yearly or Yearly.

2. COBANK DIAMOND JUBILEE CASH CERTIFICATE : Ordinary term deposit with interest compounded quarterly.     Minimum duration one year.

3. COBANK FLEXI Deposit : Savings bank deposit account integrated with the facility of term deposit.