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Prime Co-Op. Bank Ltd.

 
    
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DEPOSITE
   




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PRIME BANK  
 

Fixed Deposit Scheme :

Prime FD Interest         :  We are pleased to inform you that with effect from 10Th
July, 2009, rate of interest on fixed deposits will be changed as under –
                                    Period                                                 Rate of Interest
                                    7 – 30 days (minimum Rs.15 Lacs)    5.00%
                                    31 –90 days                                         5.00%
                                    91 – 180 days                                      6.00%
                                    181 –365 days                                     6.00%
                                    Above 1-2 years                                  8.50%
                                    Above 2 years                                     8.00%

Prime Advantage   :  Deposit of Rs.15.00 Lacs & above & get 0.50% extra Interest.

Prime Time             :  It is auto renewal fixed deposit scheme. Which can renew 7 days automatically with 5.00% rate of interest. effective yield will be 5.11%  (Limit for TDS – Rs.196,200/-)

Prime Citizen          :  1% extra interest on Deposit or Recurring Account of Senior Citizen of 60 Year & more. Get your interest of fixed deposit monthly, quarterly, Half Year or Yearly to your Savings Account (If in other bank also) facility.        

Prime Gem              :  A scheme to get flexible interest monthly, quarterly, half yearly or yearly.

Prime Gold              :  A cumulative interest scheme. To get Rs.1,000/- on maturity for deposit Rs.900/- for 15 months or Rs.660/- for 63 months.

Min. Deposit        Period                Interest          Effective Yield            Limit for
                           (Months)            Rates                                                   TDS               
Rs.   933/-              12                       7.00%              7.18%                    1,39,017/-
Rs.   900/-              15                       8.50%              8.89%                    1,10,000/-
Rs.   845/-              24                       8.50%              9.17%                    1,03,935/-
Rs.   789/-              36                       8.00%              8.94%                    1,03,359/-
Rs.   729/-              48                       8.00%              9.32%                       95,499/-
Rs.   673/-              60                       8.00%              9.72%                       88,163/-

Prime Plus               :  Get more than double in 105 months @8% rate of interest.  Effective Yield  11.43% (limit for TDS – Rs. 53,900/-) more than double

Prime Multiple        :  Life Insurance Coverage of LIC linked fixed deposit scheme. Invest Rs.34,963/- for 84 months (7-Years) & get Rs.65,659/- on maturity @80% rate of interest.

Prime 3 Star            :  A unique, fantastic, different & triple benefit scheme designed for benefit of Mutual Fund, Mediclaim & Life Insurance. Invest Rs.20,100/- for 61 months & get Mutual Fund units monthly up to six years from Interest of Fixed Deposit. Additionally, Depositor will get the depositor will get Insurance of Rs.25,000/- of LIC of India. With additionally, Mediclaim of Rs.15,000/- of Iffco Tokyo General Insurance Co. On maturity of the deposit, the depositor will get his principle deposit amount back.

Prime Recurring Scheme

Prime Gift               :  A scheme is design for betterment of your children’s future (Lakhpati Scheme).  Invest Rs.1280/- per month for 63 month & get Rs.1,00,324/- on maturity @ 8% rate of interest.

Prime Life               :  Life Insurance Coverage of LIC linked monthly recurring scheme. To invest Rs.225/- per month for 84 month (7 Year) with coverage of Rs.25,000/- Life Insurance of LIC with guaranteed return of 7% rate of interest.  

                                  Monthly Deposit           Ins. Coverage
                                    Rs.  225/-                               Rs.  25,000/-
                                    Rs.  450/-                               Rs.  50,000/-
                                    Rs.  675/-                               Rs.  75,000/-
                                    Rs.  900/-                               Rs.1,00,000/-
                                    Rs.1125/-                               Rs.1,25,000/-
                                    Rs.1350/-                               Rs.1,50,000/-
                                    Rs.1575/-                              Rs.1,75,000/-
                                    Rs.1800/-                               Rs.2,00,000/-

Prime Silver            :  Bank rate linked monthly recurring scheme. To invest minimum Rs.100/- or in multiple or deposit unlimited amount without fear of TDS for 39 months. There will be no TDS applicable for this scheme. At present interest rate is 9% (Bank Rate=6% + 3%=9%)


Over Draft Facility with Savings Bank Account

Prime Money          :  A unique & fantastic over draft facility with savings bank account. You can also get 3.50% interest of interest on your credit balance of savings.

 

Calculate Deposit Interest and Maturity Value

 

 
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