The Thane Bharat Sahakari Bank Limited Fixed Deposit (FD) offers an option to deposit lump sum amount for a particular period, ranging from seven days to ten years. The customers can choose any of the tenures provided by the Thane Bharat Sahakari Bank Limited.
As soon as the customers select the tenure, it will start start earning interest based on the tenure of the fixed deposit.
Period of Deposit | For General Public & Registered CHS | For Senior Citizen, Staff & Ex-Staff Member |
7 Days to 30 Days | 3.25% | 3.25% |
31 Days to 90 Days | 4.00% | 4.00% |
91 Days to 180 days | 5.75% | 5.75% |
181 Days to 1 Year | 6.00% | 6.00% |
Above 1 Year to 3 Years | 6.50% | 6.50% |
444 Days | 7.00% | 7.50% |
Above 3 Years to 10 Years | 6.25% | 6.50% |
Tax Benefit Scheme (60 Months) | 6.25% | 6.25% |
Note: Interest Rates are effective from 1 January 2024.
The following are the features and benefits of Thane Bharat Sahakri Bank Limited FD:
Any of the following persons is eligible to invest in fixed deposit:
Yes, you can open an account in Thane Sahakari Bank online and also by visiting the branch.
Yes, a 1% p.a. charge is applied for premature withdrawals.
Yes, there are tax deductions for fixed deposits in Thane Bharat Sahakari Bank under Section 80C of the Income Tax Act 1961.
There is no maximum limit set for fixed deposit amounts in Thane Bharat Sahakari Bank.
Yes, minors can open a fixed deposit account jointly with an adult.
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