The Sutex Co-operative Bank Ltd., Surat                                                                                       
Rate of Interest on Deposits as on 31/12/2022 
RBI CODE NO.08669101

 

 
S.No. Nature of Deposit Rate of Int.(%) p.a.
1 Saving Bank a/c. 3.50%
  Fixed Deposits / MIP Scheme (Discounted Rate above 1 year) / Recurring Deposit  
2 15 days to 180 days 4.50%
3 181 days to 1 year 5.00%
4 Above 1 year and upto 2 yrs. 6.00%
5 Above 2 years and upto 3 yrs. 6.25%
6 Above 3 years and upto 5 yrs. 6.50%
7 Above 5 years and 10 yrs. 6.00%
* Senior Citizen : 0.50 % Extra above 1 Year Tenure  
* Single F.D. above 1 Year   
* Rs. 15 Lacs to below 50 Lacs : 0.10 % Extra   
* Rs. 50 Lacs & Above : 0.25 % Extra   
8 430 Days     (Cumulative & Non-Cumulative available)   7.50%
9 651 Days     (Cumulative & Non-Cumulative available)    8.00%
10 1100  Days     (Non - Cumulative) 7.75%
* Additional Benefits not allowed in above Scheme No. 8 & 9 & 10