Rate of Interest on Deposits
(W.E.F – 01.08.2022)
|
Duration |
Rate of Interest on Deposits Less than ₹ 1 Crore (RETAIL RATE)
|
Rate of Interest on Deposits for Senior Citizens ( 0.50 % Extra)* |
Rate of Interest on Deposits ₹ 1 Crore and above (BULK RATE) |
|
7 days upto 14 days |
4.00 |
4.00 |
4.00 |
|
15 days upto 30 days |
4.00 |
4.00 |
4.00 |
|
31 days upto 45 days |
4.00 |
4.00 |
4.00 |
|
46 days upto 90 days |
4.75 |
4.75 |
4.75 |
|
91 days upto 180 days |
4.75 |
4.75 |
4.75 |
|
181 days upto 1 Year |
5.00 |
5.00 |
5.00 |
|
Above 1 Year upto 2 Years |
6.00 |
6.50 |
6.25 |
|
Above 2 Years upto 3 Years |
6.00 |
6.50 |
6.25 |
|
Above 3 Years upto 4 Years |
6.00 |
6.50 |
6.25 |
|
Above 4 Years upto 5 Years |
6.50 |
7.00 |
6.75 |
|
Above 5 Years upto 8 Years |
6.75 |
7.25 |
7.00 |
|
Above 8 Years upto 10 Years |
6.75 |
7.25 |
7.00 |
|
Vasudhara Tax Planning Scheme |
6.50 |
7.00 |
6.75 |
|
Azadi Amrut Mahotsav Deposit Scheme – 750 Days (w.e.f.22/08/2022) (Compulsory Quarterly Interest Payout) |
7.50 |
7.50 |
7.50 |
|
444 Days Deposit Scheme (w.e.f.17/10/2022) (cumulative & non cumulative) |
7.85 |
7.85 |
7.85 |
1. Interest Rates on Savings deposit – 3.50%
2. Staff / Ex- Staff is entitled to 1% more for Term deposits.[Except for Azadi Amrut Mahotsav Deposit Scheme and 444 Days Scheme]
3. Senior Citizens of 60 years and above are entitled to 0.50 % more for the term deposit of above 1 year on fresh / renewal of deposits.[Except for Azadi Amrut Mahotsav Deposit Scheme and 444 Days Deposit Scheme]
4. Bulk Deposits ( ₹ 1.00 crore and above) rate of interest = 0.25% more from above rates for term deposit of above 1 year. [Except for Azadi Amrut Mahotsav Deposit Scheme and 444 Days Deposit Scheme]
5. No Interest on Current deposits
6. Co-operative Banks Term deposit not to be accepted for Azadi Amrut Mahotsav Deposit Scheme and 444 Days Scheme.
- 2022-03-29
Concept of overdue sma and npa classification and upgradation as per rbi guidelines - 2021-08-05
Card Control / Limit Control through Mobile BankingNow customer can control of their Rupay Debit Card ATM / POS / Ecom Channel and Limit through Mobile Banking. - 2021-08-03
Ring Road Branch going to shift
Ring Road Branch which is currently located at “First Floor, B-Wing, Millennium Textiles Market, Ring Road, Surat 395002 will be shifted at new premises “ Ground Floor, WTC Building, Market Exchange, BSNL, B/S Millennium Textile Market, Ring Road, Surat 395002 ” shortly. All customers of Ring Road Branch are requested to take a note of it. - 2020-10-06
Introduce ATM Debit Card Channel Control through SMS - 2020-08-27
Udyam Registration Notice - 2020-02-01
SPCB RuPay Debit card POS / Ecom Limit increased - 2018-04-02
BE AWARE OF FAKE RECRUITMENT ADVERTISEMENTS - 2018-06-01
Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day issued in the interest of investors. - 2019-09-01
Surat Peoples Bank never sends Email/SMS or Calls you over phone to get your personal detail, Password or OTP. Any such communication is an attempt to CHEAT YOU - 2018-04-02
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary
