Deposits
At KDCUB, we offer secure and attractive deposit schemes to help our members grow their savings with confidence under trusted Deposit Schemes and Financial Services. Our Fixed Deposit and Recurring Deposit products provide stable returns and financial security, while our bank also offers Bank Loans such as Property Loan, Mortgage Loan, Gold Loan, and Jewel Loan, serving customers across Thanjavur including areas near Samiyappa Institute of Technology.
Fixed Deposit (FD)
Features:
Fixed Deposits are ideal for members who wish to invest a lump sum amount and earn guaranteed returns over a fixed period under secure Cooperative Bank policies. Our Fixed Deposit Scheme offers safe investment options with assured returns, regulated by RBI guidelines to ensure reliable and transparent Cooperative Banking services as a trusted Fixed Deposit Cooperative Bank providing dependable Banking services in Karanthai.
- Account can be opened in the names of individuals singly / jointly / with either or survivor options.
- A minor with natural guardian.
- Government / Semi Government Departments
- Religious Institutions
- Partner / Sole proprietorship firms.
- Societies, Associations, Trusts.
- Institutions can open Fixed Deposit Account.
- The account will be opened on submission of the duly filled in application form along with the deposit amount in cash /cheque / withdrawal(transfer from SB Account).
- Application form
- Recent Photograph two numbers
- Address Proof and Identify proof
- Copy of PAN card
- Existing SB Account customers need not submit Photograph and KYC documents.
- Depending upon the period of the deposit as prevailing from time to time
FACILITIES
Interest Payment – Monthly discounted simple rate at Monthly rest and Simple rate at Quarterly / Half yearly / annual rest
Monthly Interest Payable through SB Account / Cheque / NEFT
Mode of operation – Self / E or S / other modes
Loan on deposit available up to 85% of the deposit amount
Facility of pre-mature withdrawal
Nomination facility available.
Recurring Deposit (RD)
Recurring Deposits help members build savings through small, regular monthly contributions, making it ideal for salaried individuals, small traders and households while supporting reliable Deposit Schemes Thanjavur Bank and secure Savings Account Thanjavur facilities.
Special Benefits for Senior Citizens
We value our senior members and offer higher interest rates on both Fixed Deposits and Recurring Deposits to ensure financial stability and regular income during retirement.
| Deposit Period | General | Senior Citizen |
|---|---|---|
| FD – 30 days to 180 days | 4.50% | 5.00% |
| FD – 181 days to 364 days | 6.50% | 7.00% |
| FD – One year and above | 8.00% | 8.50% |
| RD – One year and above | 8.00% | 8.50% |
Fixed Deposit Calculator
Interest Rate: 8%
Maturity Amount
₹ 0
Total Interest: ₹ 0
Duration: 12 Months
Accounts
Current Account
A Current Account is specially designed for traders, firms, companies, educational institutions, and trusts that require frequent transactions. It offers flexibility, convenience, and efficient management of daily business finances through secure Business Banking and Account Services.
Features Of Current Account:
- Unlimited deposits and withdrawals
- High transaction limits
- Minimum balance of Rs.3000/- should be maintained otherwise a penalty will be Charged.
Documents Required for Current Account:
- Registration in case of Firms/Trust
- Authorized Signatory details for the Account
- PAN Card of the entity (as applicable)
- GST Registration details (as applicable)
- Passport size photograph - 4 photos of Authorized Signatories
- ID proof of Authorized Signatory (Aadhar/PAN card)
Savings Account
A Savings Account is designed to help individuals securely save money while earning interest under trusted Savings Services and Personal Banking. Children below 18 years can open an account with a guardian, making it a convenient option for families seeking reliable Cooperative Bank in Thanjavur facilities and secure Financial Service support.
Features Of Savings Account:
- Any amount can be deposited.
- Minimum balance of Rs.1000/- should be maintained otherwise a penalty will be Charged.
- Interest Rate – 3 % subject to change.
Documents Required for Savings Account:
- Aadhar Card/Passport/Driving Licence
- PAN Card
- Ration card
- Passport size photograph - 4 copies, 2 photos of nominee
- ID proof of nominee (Aadhar/PAN card)
- Nominee registration letter