Telangana State Cooperative Apex Bank Ltd.
( State Govt. Partnered Scheduled Bank )
( State Govt. Partnered Scheduled Bank )
Under this scheme, the customer can save small amount in monthly instalments for a fixed term to get back a lumpsum. Interest is accumulated on the principal over the saving period at attractive rates of interest.
| No | Period | Deposits of less than Rs.15 lakhs (% p.a.) | Deposits of Rs.15 lakhs to less than Rs.3 crore (% р.а.) |
Deposits of Rs.3 crore to less than Rs. 10 crore (% p.a.) |
|---|---|---|---|---|
| 1 | 7 days to 30 days | 3.50 | 4.00 | 4.50 |
| 2 | 31 days to 45 days | 3.75 | 4.25 | 5.00 |
| 3 | 46 days to 90 days | 4.50 | 4.60 | 5.25 |
| 4 | 91 days to 180 days | 5.00 | 5.25 | 6.00 |
| 5 | 181 days to 364 days | 6.00 | 6.15 | 6.25 |
| 6 | 1 year exact | 6.75 | 6.75 | 6.70 |
| 7 | 1 year 1 day to less than 2 yrs | 6.75 | 6.75 | 6.70 |
| 8 | 2 yrs to less than 3 yrs | 6.50 | 6.50 | 6.50 |
| 9 | 3 yrs to less than 7 yrs | 6.50 | 6.50 | 6.50 |
*Interest rates are subject to change at the sole discretion of the Bank.
*Addl. Rol for Sr. Citizens and Super Sr. Citizens for 1 year and above deposits only i.e., 0.60% and 0.75% respectively.
*The rate of interest on Tax Saver Deposit scheme will be 6.50% p.a.
| No | Period | Deposits of Rs.1 Crore to less than 3 crore (% p.a.) | Deposits of Rs.3 crore to less than Rs.10 crore (% p.a.) | |||
|---|---|---|---|---|---|---|
| 1 | 1 year exact | 7.00 | 7.10 | |||
| 2 | 1 year 1 day to less than 2 yrs | 7.00 | 7.10 | |||
| 3 | 2 yrs to less than 3 yrs | 6.75 | 6.80 | |||
| 4 | 3 yrs to less than 7yrs | 6.75 | 6.80 | |||
TGCAB Mobile Banking ensures secure access to your accounts
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anytime, anywhere.
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