Nayagarh DCCB Logo Left

ନୟାଗଡ଼ ଜିଲ୍ଲା କେନ୍ଦ୍ର ସମବାୟ ବ୍ୟାଙ୍କ ଲିଃ.

NAYAGARH DISTRICT CENTRAL CO-OPERATIVE BANK LTD.

Estd. 1940 • Farmer`s Friend

Nayagarh DCCB Logo Right

Rate of Interest on Deposit

Current term deposit interest rates of Nayagarh District Central Co-Operative Bank Ltd.

RATE OF INTEREST ON DEPOSIT
Existing & Revised Rates for Different Maturity Slabs
All rates are per annum
Sl. No. Maturity Slab Existing Rate (%) Revised Rate (%)
(wef 10.01.2023)
Revised Rate (%)
(wef 23.11.2023)
1 7 days to 14 days 4%
2 15 days to 45 days 3.5% 3.5% 4%
3 46 days to 120 days 4.5% 4.5% 5.25%
4 121 days to 180 days 4.75% 4.75% 5.5%
5 181 days to less than 1 year 5.75% 5.75% 6.5%
6 1 year above but less than 2 years 7% 7% 7.5%
7 2 years above but less than 3 years 6.75% 6.75% 7.25%
8 3 years to less than 5 years 6.5% 6.5% 7%
9 5 years to 10 years 6.5% 6.5% 7.25%

NB: Senior Citizen 0.50% more in all slabs.

In case of premature withdrawal of deposits the interest will be 1% below the applicable rate of interest for the period of deposit remained with the Bank.

It is applicable for fresh / renewal term deposit received on or after effective date of revised rate of interest.