Saraswat Co-operative 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)
