Secure your future with our range of Fixed Deposit options. Enjoy guaranteed returns, flexible tenure choices, and the peace of mind that your investments are growing safely with Veer Shaiv Bank.
Our Fixed Deposit Schemes
Short Term Fixed Deposit Accounts
Fixed Deposit with Monthly / Quarterly Interest
Cumulative Fixed Deposit
Sarvmangal Deposit Scheme (Recurring Deposit)
Short Term Fixed Deposit Accounts
Account can be opened at any Branch (minimum amount as decided by Bank).
Minimum period is 07 days and can be opened for 364 days.
Interest is paid along with principal amount on maturity.
Loan can be granted up to 85% of the deposit amount against the lien of Deposit Receipt in case of need.
Convenient for parking the short term surplus from 30 days to 1 year with extra benefits.
Fixed Deposit with Monthly / Quarterly Interest
Account can be opened with a minimum amount fixed by Bank from time to time.
Minimum period is 1 year and maximum 120 months.
Interest is paid on Monthly / Quarterly basis.
Loan available up to 85% of deposit amount against lien of Deposit Receipt.
Interest payment frequency must be mentioned in the Account Opening Form.
The depositor desires to have interest payment on Monthly / Quarterly , he should notify this instruction in the Account Opening Form while opening the account. The Bank will take note of this and pay the interest amount accordingly.
Ideal for senior citizens to meet periodical expenses with an additional 0.25% interest benefit.
Cumulative Fixed Deposit
Grow your savings with our Cumulative Fixed Deposit where interest is compounded quarterly and paid at maturity - ideal for long-term wealth building.
Sarvmangal Deposit Scheme (Recurring Deposit)
Scheme period: 10 Years
Minimum deposit: ₹500/- or multiples thereof.
Installment to be paid monthly before 10th of every month.
Delayed payments attract a penalty of ₹5 per ₹100.
Minimum period: 1 year | Maximum: 120 months.
Interest compounded on a quarterly basis.
Loan up to 85% of deposit amount available with 1% higher interest than deposit rate.
Premature closure attracts 1% penalty and interest paid for the completed period at applicable rate.
