The most common term of investment where customer gets better returns/interest on their deposits. Bank offers various ranges of schemes in the form of Fixed Deposits where interest is paid to investor at regular intervals, Re-Investment Benefit Deposits where interest gets accumulated in principle & investor receives an accumulated maturity amount at the end of tenure of deposits.

The Sadhana Sahakari Bank offers following schemes to its customers.

  • Monthly Deposit Scheme(MIC) :
    • Interest amount will be paid Monthly.
    • Interest will be paid credited to the customers Bank Account through by Pay order.
  • Quarterly Deposit Scheme(QIC) :
    • Interest amount will be paid Quarterly.
    • Interest will be paid in credited to the customers Bank Account by Pay order.
  • Half yearly Deposit Scheme(HIC) :
    • Interest amount will be paid Half yearly.
    • Interest will be paid in credited to the customers Bank Account by Pay order.
  • Yearly Interest Deposit Scheme(YIC) :
    • Interest amount will be paid Yearly.
    • Interest will be paid in credited to the customers Bank Account or by Pay order.
Re-Investment Deposit Scheme :-

GENERAL :-
  • Individual/Two or more persons in their joint names.
  • Co-operative Societies, Registered Trust, Institutions and Associations etc
  • By a natural guardian Note for all above schemes :-
  • Rate of Interest will be as per RBI directive & as per Bank policy from time to time.
  • Premature withdrawal of term deposit is allowed subject to prevailing bank rules.
  • Renewal is carried out at the rate of interest prevailing on the date of maturity provided overdue period does not exceed 14 days from the date of maturity.
  • Where a receipt gets matured and overdue period exceeds 14 days, interest would be paid as per interest rate applicable to Savings Bank deposit provided the depositor renews the deposit for a further minimum period as per bank clause. If not renewed then in such case no interest will be paid.
  • Loan against Term Deposit is given immediately as per prevailing rules.
  • TDS is whenever applicable.
*Condition apply.

Fixed Deposit
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Following interest rate is applied from 12 December 2022.

Duration New Rates
12-12-22
Ordinary Citizens
12-12-22 Senior Citizen & Cooperative Societies
30 Days To 180 Days 4.25% 4.25%
181 Days To 364 Days 5.50% 5.50%
365 Days Or 12 Months 6.00% 6.25%
12 Months Above to 36 Months 7.00% 7.25%
36 Months Above 5.50% 6.00%

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Following interest rate is applied from 1 September 2023.


The following new interest rates are in the form of monthly interest rates, and the interest on this deposit will be credited to the account of the depositors every month.
Duration Rates
18 Months 1 Day 7.75%
24 Months 1 Day 8.00%
36 Months 1 Day 8.10%
* Terms & Conditions Apply