Scheduled Bank (Listed under Second Schedule of RBI Act)
  DICGC coverage for deposits upto Rs.1 lakh
Periodical supervision / inspection by NABARD
  Strict compliance of RBI and Banking Regulation Act Regulations in adherance of SLR & CRR
Earning profits continuously since inception from 1905
  Lowest interest rate on jewel loan
Lesser Service charges
   Drafts issuing / cheques collection facility all over India
Core Banking operations at all Branches
 
Type of Deposit

 Percentage per Annum

 

Savings Bank
(w.e.f. 3.5.2011)
4.0%

   
Term Deposits
(w.e.f. 23.01.2012)

Rate of Interest
% p.a

Rate of Interest for Senior Citizens
% p.a

15 days to less than 30 days 6.50% 6.50%
30 days to less than 46 days 6.50% 6.50%
  46 days to less than 91 days 6.50% 6.50%
  91 days to less than 181 days 8.00% 8.00%
  181 days to less than 271 days 8.50% 8.50%
  271 days to less than 12 months 8.50% 8.50%
12 months to less than 24 months 9.25% 10.00%
24 months to less than 36 months 
9.25% 10.00%
36 months to less than 60 months 
9.00% 9.75%
60 months and above 9.00% 9.75%
Tax Benefit Deposits
9.00% 9.75%
555 days (only for individuals)  9.35% 10.10%

The revised rates of interest are applicable wef 23/01/2012 for fresh deposits as well as renewal of deposits maturing on or after 23/01/2012.

Most Urgent : Usage of 9 digit CBS Account Numbers

        

        

        

        

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Asian Open Forum on Rural and Agricultural Finance, Teheran, Iran TNSC Bank Special Officer?s participation

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