Ratnakar Bank Regular fixed deposit Scheme are for those who have fixed income but looking for easy investment & attractive returns.
Customers can apply for this scheme via online and via visiting bank branch.
Investment period – 7 days minimum & 10 years Maximum.
Nomination facility available.
Partial/pre mature withdrawal at any time.
Overdraft facility available.
.50% Extra Interest for Senior Citizens
Interest Rates for Regular & Senior Citizens are as follows:
| Deposits below Rs.2 crore | ||||
|---|---|---|---|---|
| Period of Deposit | Domestic & Flexi FD Interest Rates p.a. | Senior Citizen Interest Rates p.a. | NRE Interest Rates p.a. | NRO Interest Rates p.a. |
| 7 days to 14 days | 3.25% | 3.75% | NA | 3.25% |
| 15 days to 45 days | 3.75% | 4.25% | NA | 3.75% |
| 46 days to 90 days | 4.00% | 4.50% | NA | 4.00% |
| 91 days to 180 days | 4.50% | 5.00% | NA | 4.50% |
| 181 days to 240 days | 5.00% | 5.50% | NA | 5.00% |
| 241 days to 364 days | 5.25% | 5.75% | NA | 5.25% |
| 12 months to less than 15 months | 6.50% | 7.00% | 6.85% | 6.50% |
| 15 months | 7.00% | 7.50% | 7.35% | 7.00% |
| 15 months 1 day to less than 24 months | 6.50% | 7.00% | 6.85% | 6.50% |
| 24 months to less than 36 months | 6.75% | 7.25% | 7.10% | 6.75% |
| 36 months to less than 60 months | 6.55% | 7.05% | 6.90% | 6.55% |
| 60 months to 60 months 1 day | 6.55% | 7.05% | 6.90% | 6.55% |
| 60 months 2 days to less than 120 months | 5.75% | 6.25% | 5.75% | 5.75% |
| 120 months to 240 months | 5.75% | 6.25% | 5.75% | 5.75% |
| Tax Savings Fixed Deposit (60 months) | 6.55% | 7.05% | NA | 6.55% |
