The Sutex Co-operative Bank Ltd., Surat                                                                                       
Rate of Interest on Deposits as on 24/05/2024
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   
     
* Additional Rate of Int. not Applicable in Below Schemes  
8 520 Days Special Scheme Quarterly Payout & Cumulative Available   8.25%
9 12 Months (52 Weeks) Special Scheme (Quarterly Int. Payout) (Simple Int) 8.50%
10 52 Months Special Scheme Quarterly Payout & Cumulative Int. Available 8.00%
11 Lachpati Scheme Recurring Deposit:  
  For 18 Months (Deposit 5250/-) 8.25%
  For 52 Months (Deposit 1650/-) 8.00%