7/50, Janata Chowk, Ichalkaranji.
Dhanvardhini Reinvestment Deposit
This scheme provides all the advantages needed by individuals and corporations. In addition to offering safety and quick liquidity for depositors, it comes with unique features. Investors can deposit a lump sum for a long-term period, and the principal, along with compound interest, is repaid at maturity. It's the most convenient financial plan to secure a prosperous future for your children.
| 7 Days to 30 Days | 4.00% |
| 31 Days to 90 Days | 5.00% |
| 91 Days to 180 Days | 6.00% |
| 181 Days to 1 Year | 7.25% |
| 1 Year 1 Day to 2 Years | 7.75% |
| 2 Year 1 Day to 3 Years | 8.25% |
| Over 3 Years | 7.75% |
| Saving Account - 3.00% |
Super Saving Account
| - 3.00% on deposits up to Rs.1 lakh |
| - 4.50% on deposits between Rs.1 to Rs.5 lakh |
| On deposits of Rs.5 lakh and above - 6.00% |
| Senior citizens will have an additional interest rate of 0.25% for deposits over one year. |
| One receipt at a time for Rs.An additional interest rate of 0.25% will be charged for one year deposits of Rs.1 crore or more. |
| Sr. No. | Duration | Interest Rate | Principal | Total Amount | Interest | Total Amount including interest |
|---|---|---|---|---|---|---|
| 1 | 18 months | 7.75 | 5230 | 94140 | 5953 | 100093 |
| 2 | 25 months | 8.25 | 3660 | 91500 | 8584 | 100084 |
| 3 | 36 months | 8.25 | 2445 | 88020 | 12058 | 100078 |
| 4 | 60 months | 7.75 | 1365 | 81900 | 18255 | 100155 |
Senior citizens
| Sr. No. | Duration | Interest Rate | Principal | Total Amount | Interest | Total Amount including interest |
|---|---|---|---|---|---|---|
| 1 | 18 months | 8.00 | 5220 | 93960 | 6139 | 100099 |
| 2 | 25 months | 8.50 | 3650 | 91250 | 8833 | 100083 |
| 3 | 36 months | 8.50 | 2435 | 87660 | 12401 | 100061 |
| 4 | 60 months | 8.00 | 1355 | 81300 | 18782 | 100082 |
Have any questions?
+91 9686411511DICGC INSURES DEPOSIT
The Ichalkaranji Merchants Co-op Bank Ltd.
is registered with DICGC
