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Sri Vijaya Deposit (Cash Certificate):
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Sri Vijaya Deposit (Cash Certificate): Is a reinvestment deposit scheme which fetches double the amount in 97 Months.
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As per RBI directives, on premature withdrawal of term deposit, 1% reduction in interest rate applicable for the period of deposit held in the Bank.
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(Additional Rate of 0.50% allowed for Senior Citizens on all Term Deposits of the period of one year & above)
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Period Of Deposits
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General
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Senior Citizens
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15 days to 45 days
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5.00 %
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5.00 %
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46 days to 90 days
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6.00 %
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6.00 %
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91 days to 180 days
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7.00 %
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7.00 %
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181 days to 364 days
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7.50 %
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7.50 %
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12 Months to 35 months
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8.50%
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9.00%
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36 Months & Above
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8.75 %
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9.25 %
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