Shikshak Sahakari Bank Ltd.

Accordingly , from 3rd April 2024, the Tenure & Rate of Interest on Term Deposits (including Recurring Deposit) will be as under :

Sr. NoTenure
(To be calculated by simple interest method across all buckets)
Revision in Rate of Interest On Term Deposit with Effect
from 03/04/2024
HUF, Firms,
Senior Citizens
Co-op. and housing Societies,
Registered Trusts,AOP
107 Days to 90 Days3.00%3.50%
291 Days to 120 Days5.50%6.00%
3121 Days to 150 Days6.00%6.50%
4151 Days to 180 Days7.00%7.50%
5181 Days to 1 Year6.50%7.00%
6Above 1 Year to 2 Years6.50%7.00%
7Above 2 Year to 3 Years6.00%6.50%
8Above 3 Year to 10 Years6.00%6.50%
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