Deposits Schemes
Patan Cooperative Bank offers various attractive deposit schemes.

Salient Features

  • Specially designed for various types of investors
  • We offer additional interest for senior citizens
  • Short and Long term deposit schemes for short term funds parking needs
  • Short Term deposits range from as low as 15 days up to a maximum of 1 year
  • Long Term deposits range from 12 months to 120 months
  • Auto Renewal Facility

Rate of Interest (w.e.f. 21/08/2024)

 

Unfixed Deposit Scheme No Penal Int. w.e.f. 21.08.24
Sr No. Period For General Public For Sr. Citizen/Trust/ Co. op Societies For General Public For Sr. Citizen/Trust/ Co. op Societies
1 15 Days to 45 Days 3.00% 3.00% 3.00% 3.00%
2 46 days to 180 days 4.50% 4.50% 4.50% 4.50%
3 181 Days to 210 Days 5.25% 5.25% 5.25% 5.25%
4 211 Days to less than 1 years 5.75% 5.75% 5.75% 5.75%
5 1 year to less than 2 years 6.75% 7.25% 6.25% 6.75%
6 2 year to less than 3 years 7.00% 7.50% 6.50% 7.00%
7 3 year to less than 5 years 6.50% 7.00% 6.00% 6.50%
8 5 year and upto 10 years 6.25% 6.75% 5.75% 6.25%
9 Spl Dep Scheme PATAN 500(Simple int. on maturity) 6.75% 7.25% - -


  • Minimum deposit amount of Rs.500/-
Additional Facility

The bank offers two special facilities to its customers -
  • Quarterly Interest Credit to Saving/Current Accounts by Pay order
  • Quarterly compounded Interest


Special Deposit Scheme

1. PATAN365

2. Unfixed Deposit Scheme from 21.08.2024 where in NO penal interest to be charged on premature payment of Unfixed Deposits since 0.50% of interest is charged less initially.


Main features:

a. Period of Deposit – 365 Days
b. Rate of Interest – 5.75% for General & 6.00% for Senior Citizen
c. Interest will be paid on maturity in simple basis (non cumulative)

There are available the account open form for customers in WEB SITE through and visit at nearest branch.

CLICK HERE: - TERM DEPOSIT ACCOUNT OPENING FORM