Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
  • loading

    Shamrao Vithal Cooperative Bank Fixed Deposit Rates  and 2 other FDs

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    15 Days to 10 Years
    4.75% - 7.4% Compound Yearly
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹15Lakhs
    1 Year to 5 Years
    7% - 7.25% Quarterly compounding
    Response Time Within 30 minutes
    Frills
    Highlights
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know

    Shamrao Vithal Cooperative Bank Fixed Deposit Rates is Rated as "Great!" by 1 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Find Best Shamrao Vithal Cooperative Bank Fixed Deposit interest Rates

    Shamrao Vithal Cooperative (SVC) Bank’s fixed deposit schemes are bolstered by attractive interest rates and flexible term plans. The bank offers short-term deposit plans, long-term schemes and tax-saver plans under its fixed deposit services. The interest rates offered by the bank are as mentioned below:

    Shamrao Vithal Co-op. Bank Short-term Fixed Deposit Rates

    Short-term FD plans range from 15 days to 364 days. The maximum deposit amount is Rs. 15 lakhs. The interest rates for each term plan are as follows:

    Tenure Regular FD Rates Senior Citizen FD Rates
    15 days to 90 days 4.75 % p.a. 4.75 % p.a.
    91 days to 180 days 5.00 % p.a. 5.15 % p.a.
    181 days to 364 days 6.00 % p.a. 6.15 % p.a.

    Shamrao Vithal Co-op. Bank Long-term FD Schemes

    Long-term FD schemes range from 365 days to 10 years. The maximum deposit amount is Rs. 15 lakhs. The interest rates for each tenure are given below:

    Tenure Regular FD Rates Senior Citizen FD Rates
    365 days to less than 24 mnths 7.00 % p.a. 7.15 % p.a.
    AV Deposit Scheme - 366 Days (Simple Interest) 7.25 % p.a. 7.40 % p.a.
    Mangal Moorti Scheme- 24 mnths (Simple Interest) 7.25 % p.a. 7.40 % p.a.
    Above 24 mnths to 60 months 7.00 % p.a. 7.15 % p.a.
    Above 60 mths to 120 mths 6.75 % p.a. 6.90 % p.a.
    Tax exemption Scheme (5 Years) 7.25 % p.a. 7.25 % p.a.

    Other FD Schemes Rates by Shamrao Vithal

    The bank also offers an AV Deposit Scheme of 366 days at a simple interest of 8.25 percent per annum (with 8.4 percent for senior citizens) and a Mangal Moorti Scheme of 555 days with the same interest rates as the AV Deposit Scheme.

    SVC Bank’s Tax Saver scheme of 5-year tenure attracts an interest rate of 8 percent per annum, without any additional interest rate for senior citizens.

    Fixed Deposit Rates for NRIs Shamrao Vithal

    Non-resident Indians can manage their funds in Indian Rupees through an NRO (non-resident ordinary) FD scheme. The interest rates for NRO accounts are slightly different than the rates for Indian citizens, but the margin in minimal. SVC Bank offers the below-mentioned interest rates for NRO fixed deposits:

    Period Revised Interest Rates
    15 days to 90 days 4.75 % p.a.
    91 days to 180 days 5.00 % p.a.
    181 days to 364 days 6.00 % p.a.
    365 days to less than 24 mnths 7.00 % p.a.
    AV Deposit Scheme – 366 days (Simple Interest) 7.25 % p.a.
    Mangal Moorti Scheme- 24 mnths (Simple Interest) 7.25 % p.a.
    Above 24 mnths to 60 months 7.00 % p.a.
    Above 60 months to 120 months 6.75 % p.a.
    Tax Exemption Scheme [5 years] 7.25 % p.a.

    Under Non Resident External (NRE) deposit schemes, non-resident Indians can deposit money in foreign currency. This will be converted to Indian Rupees and saved in the fixed deposit. FD rates for NRE customers differ slightly from the schemes available for resident Indians. There are no special rates for NRE senior citizen accounts. Here is the break-up of the rates:

    Tenure Interest Rate in percentage per annum
    365 days to less than 24 mnths 7.00
    Mangal Moorti Scheme - 24 mnths (Simple Interest) SVCC 24 mnths not applicable 7.25
    Above 24 months to 60 months 7.00
    Savings Deposits 4.00

    Non Resident Indians and Persons of Indian Origin can also maintain deposits in foreign currency under the FCNR Deposits schemes. The rates for that are given below:

    Tenure GBP USD EUR JPY AUD
    1 year to less than 2 years 2.37 % p.a. 3.39 % p.a. 1.79 % p.a. 2.04 % p.a. 3.78 % p.a.
    2 Years to less than 3 Years 2.56 % p.a. 3.57 % p.a. 1.86 % p.a. 2.04 % p.a. 3.87 % p.a.
    3 Years to less than 4 Years 3.63 % p.a. 4.71 % p.a. 2.97 % p.a. 3.04 % p.a. 5.01 % p.a.
    4 Years to less than 5 Years 3.71 % p.a. 4.82 % p.a. 3.09 % p.a. 3.05 % p.a. 5.33 % p.a.
    5 Years only 3.80 % p.a. 4.92 % p.a. 3.22 % p.a. 3.07 % p.a. 5.46 % p.a.

    News about Shamrao Vithal Cooperative Bank Fixed Deposit

    • Shamrao Vithal Cooperaive Bank Revised the Fixed Deposit Rates of Interest

      by BankBazaar posted on 13th September 2016

      The revised rates for tenure of 15 days to below 90 days are 6.25% for regular accounts and senior citizens accounts. For tenure of 90 days, the rates for individual and senior citizens accounts are 6%. For 91 days to below 180 days, the rates are 7% (regular) and 7.15% (senior citizens). For tenure of 180 days, the revised rates for senior citizens stand at 6.65% and for regular accounts the rate stand at 6.50%. For tenure of 181 days to below 364 days, revised rate for all the regular accounts stands at 7.35% ad rate for senior citizens accounts stands at 7.50%.

      BankBazaar News About Loan
     Loading your search... Loading your search...
  • SVC FD Rates Reviews

    • The Shamrao Vithal Cooperative Bank Fixed Deposit
      "Need One..!!"
      0.5 4.0/5 "Great!"
      I have a fixed deposit with The Shamrao Vithal Cooperative Bank for a tenure period of 5 years. They are customer friendly. The create a comfortable atmosphere to the customers.They respond on time in case of any issues. This FD can be broke at any time. The ATMs are less in this bank, can be found only near branches. Other facilities are good.
      Was this review helpful? 3
      , mumbai
      Reviewed on Aug 05, 2015
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.