Saraswat Cooperative Bank
Fixed Deposit Rates
You are requested to reconfirm the rates from the respective banks before making any financial commitments.
a) For domestic deposits  1 crore and above but below Rs. 3 cr (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

15 days to 30 days  1 crore and above but below Rs. 3 cr  4.25 4.25 
Calculate 
31 days to 90 days  1 crore and above but below Rs. 3 cr  4.75 4.75 
Calculate 
91 days to 179 days  1 crore and above but below Rs. 3 cr  5.25 5.25 
Calculate 
180 days up to 1 year  1 crore and above but below Rs. 3 cr  5.50 5.50 
Calculate 
Above 1 year up to 24 months  1 crore and above but below Rs. 3 cr  6.40 6.65 
Calculate 
Above 24 months up to 36 months  1 crore and above but below Rs. 3 cr  6.40 6.65 
Calculate 
Above 36 months up to 60 months  1 crore and above but below Rs. 3 cr  6.40 6.65 
Calculate 
Above 60 months up to 120 months  1 crore and above but below Rs. 3 cr  6.40 6.65 
Calculate 
b) For domestic deposits  3 crore and above (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

15 days to 30 days  3 crore and above  4.25 4.25 
Calculate 
31 days to 90 days  3 crore and above  4.75 4.75 
Calculate 
91 days to 179 days  3 crore and above  5.25 5.25 
Calculate 
180 days up to 1 year  3 crore and above  5.50 5.50 
Calculate 
Above 1 year up to 24 months  3 crore and above  6.15 6.40 
Calculate 
Above 24 months up to 36 months  3 crore and above  6.15 6.40 
Calculate 
Above 36 months up to 60 months  3 crore and above  6.15 6.40 
Calculate 
Above 60 months up to 120 months  3 crore and above  6.15 6.40 
Calculate 
c) For domestic deposits  Less than Rs. 1 cr (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

15 days to 30 days  Less than Rs. 1 cr  4.25 4.25 
Calculate 
31 days to 90 days  Less than Rs. 1 cr  4.75 4.75 
Calculate 
91 days to 179 days  Less than Rs. 1 cr  5.25 5.25 
Calculate 
180 days up to 1 year  Less than Rs. 1 cr  6.50 6.50 
Calculate 
Above 1 year up to 24 months  Less than Rs. 1 cr  6.80 7.05 
Calculate 
Above 24 months up to 36 months  Less than Rs. 1 cr  6.80 7.05 
Calculate 
Above 36 months up to 60 months  Less than Rs. 1 cr  6.70 6.95 
Calculate 
Above 60 months up to 120 months  Less than Rs. 1 cr  6.60 6.85 
Calculate 
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
Maturity Period  Deposit Amount 
INTEREST RATE (% p.a.) General Senior Citizen 

Madhukar Tax Saving  5 years  Up to Rs. 1 lakh  6.60 6.85 
Calculate 
Tax Implications:
 The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
 Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000
a) For NRO Fixed Deposit  1 crore and above but below Rs. 3 cr (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
15 days to 30 days  1 crore and above but below Rs. 3 cr  4.25  Calculate 
31 days to 90 days  1 crore and above but below Rs. 3 cr  4.75  Calculate 
91 days to 179 days  1 crore and above but below Rs. 3 cr  5.25  Calculate 
180 days up to 1 year  1 crore and above but below Rs. 3 cr  5.50  Calculate 
Above 1 year up to 24 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
Above 24 months up to 36 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
Above 36 months up to 60 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
Above 60 months up to 120 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
b) For NRO Fixed Deposit  3 crore and above (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
15 days to 30 days  3 crore and above  4.25  Calculate 
31 days to 90 days  3 crore and above  4.75  Calculate 
91 days to 179 days  3 crore and above  5.25  Calculate 
180 days up to 1 year  3 crore and above  5.50  Calculate 
Above 1 year up to 24 months  3 crore and above  6.15  Calculate 
Above 24 months up to 36 months  3 crore and above  6.15  Calculate 
Above 36 months up to 60 months  3 crore and above  6.15  Calculate 
Above 60 months up to 120 months  3 crore and above  6.15  Calculate 
c) For NRO Fixed Deposit  Less than Rs. 1 cr (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
15 days to 30 days  Less than Rs. 1 cr  4.25  Calculate 
31 days to 90 days  Less than Rs. 1 cr  4.75  Calculate 
91 days to 179 days  Less than Rs. 1 cr  5.25  Calculate 
180 days up to 1 year  Less than Rs. 1 cr  6.50  Calculate 
1 year  Less than Rs. 1 cr  6.80  Calculate 
Above 1 year up to 24 months  Less than Rs. 1 cr  6.80  Calculate 
Above 24 months up to 36 months  Less than Rs. 1 cr  6.70  Calculate 
Above 36 months up to 60 months  Less than Rs. 1 cr  6.60  Calculate 
a) For NRE Fixed Deposit  1 crore and above but below Rs. 3 cr (last revised on Jul 13, 2017)
Maturity Period  Deposit Amount  INTEREST RATE (% p.a.)  
1 year  1 crore and above but below Rs. 3 cr  5.50  Calculate 
Above 1 year up to 24 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
Above 24 months up to 36 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
Above 36 months up to 60 months  1 crore and above but below Rs. 3 cr  6.40  Calculate 
b) For NRE Fixed Deposit  3 crore and above (last revised on Jul 13, 2017)
c) For NRE Fixed Deposit  Less than Rs. 1 cr (last revised on Jul 13, 2017)