Loans
Deposits
Deposits Schemes
Patan Cooperative Bank offers various attractive deposit schemes.
Salient Features
The bank offers two special facilities to its customers -
Special Deposit Scheme
PATAN365
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)
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. 16/10/2022)
Period | Interest Rate for General | Interest Rate of Sr. Citizen |
15 Days to 45 Days | 3.00% | 3.00% |
90 Days to 180 Days | 4.00% | 4.00% |
181 Days to 210 Days | 4.65% | 4.65% |
211 Days to less than 1 years | 4.70% | 4.70% |
1 year to less than 2 years | 5.60% | 6.10% |
2 year to less than 3 years | 5.65% | 6.15% |
3 year to less than 5 years | 5.75% | 6.00% |
5 year and upto 10 years | 5.75% | 6.00% |
Spl Dep Scheme PATAN 365(Simple int. on maturity) | 6.00% | 6.25% |
- Minimum deposit amount of Rs.500/-
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
PATAN365
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)