Sutex Bank Offers A wide variety of profitable Fixed deposits schemes
Deposit rates w.e.f. 08/08/2022 as stated below.
Rate of Interest Per Annum
|
Sr. |
Type of Deposit |
General Category |
Senior Citizen |
Single FD of Rs.15.00 lakhs and above upto Rs.50.00 lakhs. |
Single FD of Rs.50.00 lakhs and above. |
|
1 |
Savings Bank Account. |
3.50% |
3.50% |
-- |
-- |
|
2 |
15 days to 180 days |
4.50% |
4.50% |
4.50% |
4.50% |
|
3 |
181 days and above upto 1 year. |
5.00% |
5.00% |
5.00% |
5.00% |
|
Fixed Deposit / MIP scheme (discounted rate for deposits above 1 year tenure) / Recurring Deposit. |
|||||
|
4 |
Above 1 yr. upto 2 yrs. |
6.00% |
6.50% |
6.10% |
6.25% |
|
5 |
Above 2 yrs. upto 3 yrs. |
6.25% |
6.75% |
6.35% |
6.50% |
|
6 |
Above 3 yrs. upto 5 yrs. |
6.50% |
7.00% |
6.60% |
6.75% |
|
7 |
Above 5 yrs. upto 10 yrs. |
6.00% |
6.50% |
6.10% |
6.25% |
|
8 |
81 months Suvarna Laxmi Yojana (Quarterly interest payout mandatory) |
7.00% |
7.00% |
7.25% |
7.25% |
|
9 |
51 months Suvarna Laxmi Yojana (Quarterly interest payout mandatory) |
6.50% |
6.50% |
6.75% |
6.75% |
Additional Benefits:
|
|
|
Additional rate applicable |
|||||
|
Sr. |
Type of Deposit |
Upto 1 yr. |
Above 1 yr. |
||||
|
1 |
Permanent Staff of the bank |
1.00% |
1.00% |
||||
|
2 |
Ex staff below 60 yrs of age. |
0.50% |
0.50% |
||||
|
3 |
Ex staff Senior Citizen |
0.50% |
1.00% |
||||
|
4 |
Widow of deceased staff (please contact adm. Office while opening new FD Account) |
0.50% |
0.50% |
||||
|
5 |
Senior citizen (FD above 1 year tenure) |
- |
0.50% |
||||
|
6 |
Single FD of Rs.15.00 lakhs upto Rs.50.00 lakhs.( FD above 1 year tenure). |
- |
0.10% |
||||
|
7 |
Single FD of Rs.50.00 lakhs and above. (FD above 1 year tenure). |
- |
0.25% |
||||
|
8 |
Additional benefit not applicable on `Suvarna Laxmi Yojana – 81 and 51 Months). Benefit for Staff (Applicable only if first holder is staff except in sr.4 above for widow of deceased staff) |
||||||
|
Recurring Deposit |
|||||||
|
Become Lakhpati |
Applicable rate (General) |
Mat. Amt. (General) |
Applicable rate (S.C.) |
Mat. Amt. (S.C.) |
|||
|
Deposit Rs.2300/- every month for 39 months and obtain |
6.50% |
1,00,059/- |
7.00% |
1,00,911/- |
|||
|
Deposit Rs.2150/- every month for 42 months and obtain |
6.50% |
1,01,573/- |
7.00% |
1,02,506/- |
|||
|
Deposit Rs.2150/- every month for 78 months and obtain |
6.00% |
2,05,294/- |
6.50% |
2,08,872/- |
|||
|
Deposit Rs.2150/- every month for 120 months and obtain |
6.00% |
3,53,522/- |
6.50% |
3,63,324/- |
|||
FD rates shall be applicable to RD also.
