080-26622462

dgm@subcobank.com

ಕನ್ನಡ

img
We have launched our new website www.subcobank.com.

Interest Rates

Home Interest Rates
Interest Rates
Interest Rates on Deposits

W.E.F. 01-05-2025

Period of Deposit Individual / General PA Senior Citizens PA
30 Days to 180 Days 5.50% 5.50%
181 Days to 365 Days 6.50% 6.50%
Above 1 Year & upto 2 Years 8.00% 8.50%
Above 2 Year & upto 3 Years 7.40% 7.90%
Above 3 Years 7.15% 7.65%
SUBCO Bank members & customers can avail attractive benefits & interest rates on Deposits

Salient features offered on all types of deposits:

With a minimum deposit amount of Rs.1000/- money can be deposited for minimum period of 12 months and maximum of 120 Months

  • Interest rates offered on all deposits of the Bank are more compared to Nationalised Banks and Scheduled Banks
  • Senior Citizens Deposits for period more than 1 year are offered extra 0.50 % p.a. than the prevailing rate of Interest
  • All deposits upto Rs. 5,00,000-00 per individual is covered by the Deposit Insurance & Credit Guarantee Corporation of India (RBI Subsidiary Unit).
  • Instant amount transfer to other Banks through RTGS/NEFT facility available and 24X7 NACH Clearing services also available
  • All Deposits are having nomination facility
  • Members/Customers are sanctioned instant 85% loan against the Term Deposits made by them
  • Safe Deposit Lockers at minimum rent available at all Branches
  • Medi-Aid facility upto Rs.10,000/- to the Regular Members who suffer from Chronic disease
Recurring Deposit

Your contribution of Rs.1000.00 every month yields a sum as under (W.E.F. 01-05-2025)

Period Amount Invested Amount Payable
12 Months ₹​.12,000.00 ₹​.12,428.00
15 Months ₹​.15,000.00 ₹​.15,820.00
24 Months ₹​.24,000.00 ₹​.26,090.00
36 Months ₹​.36,000.00 ₹​.40,390.00
48 Months ₹​.48,000.00 ₹​.55,659.00
60 Months ₹​.60,000.00 ₹​.72,218.00
72 Months ₹​.72,000.00 ₹​.89,994.00
84 Months ₹​.84,000.00 ₹​.109,076.00
96 Months ₹​.96,000.00 ₹​.129,558.00
108 Months ₹​.108,000.00 ₹​.151,545.00
120 Months ₹​.120,000.00 ₹​.175,147.00
Srinidhi Deposit Plan -1 (Re-investment Scheme)

Interest Per Annum (W.E.F. 01-05-2025) Face Value Rs.1000.00

Deposit Period Maturity Value Effective Rate of Interest
General Sr. Citizen General Sr. Citizen
12 Months 1,067.00 1,067.00 6.70 6.70
15 Months 1,104.00 1,111.00 8.32 8.88
24 Months 1,172.00 1,183.00 8.60 9.15
36 Months 1,246.00 1,265.00 8.20 8.83
48 Months 1,328.00 1,354.00 8.20 8.85
60 Months 1,425.00 1,461.00 8.50 9.22
72 Months 1,530.00 1,576.00 8.83 9.60
84 Months 1,642.00 1,700.00 9.17 10.00
96 Months 1,763.00 1,833.00 9.54 10.41
108 Months 1,892.00 1,978.00 9.91 10.87
120 Months 2,031.00 2,134.00 10.31 11.34
Pigmy Deposit

Daily Collection will be made at the doors of Depositors by the authorised agents of the bank

Premature Closures Interest
After 9 months upto 12 Months No Interest
1 Year to 2 Years 2.00%
2 Years to 10 Years 3.00%
Note: Account closed before 9 months , 2.50% of the deposit amount is deducted as commission
Savings Account Interest Rates

Interest Per Annum (W.e.f. 01-05-2025)

Deposit Period General Senior Citizens
For Savings Account 2.50% 2.50%
Copyright ©2022 Sree Subramanyeswara Co-Operative Bank Limited. All Rights Reserved
Developed by GravitySoft