Deposit Interest Rate- The Surat People's Co-operative Bank Ltd.

Rate of Interest on Deposits

(W.E.F – 01.05.2026)

Duration	Rate of Interest on Deposits	Rate of Interest on Deposits for Senior Citizens	Rate of Interest on Deposits for Staff
7 days up to 14 days	3.75	3.75	4.75
15 days up to 30 days	3.75	3.75	4.75
31 days up to 45 days	3.75	3.75	4.75
46 days up to 90 days	4.00	4.00	5.00
91 days up to 180 days	4.25	4.25	5.25
181 days up to 1 year	6.00	6.00	7.00
Above 1 Year up to 2 years	7.00	7.50	8.00
Above 2 Years up to 3 years	7.00	7.50	8.00
Above 3 Years up to 4 years	7.00	7.50	8.00
Above 4 Years up to 5 years	6.75	7.25	7.75
Above 5 Years up to 8 years	5.75	6.25	6.75
Above 8 Years up to 10 years	5.25	5.75	6.25
Vasudhara Udyog Machinery Vikas Loan Yojana (85 Months term deposit)* (Cumulative)	6.00	6.00	6.00
555-days Deposit Scheme (w.e.f. 01^st May 2026)	7.25	7.25	7.25

No additional rate will be applicable for special scheme.
Senior citizens of 60 years and above are entitled to 0.50% more for the term deposit of above 1 year on fresh / renewal of deposits.
Premature withdrawal of term deposit is not allowed on V.U.M.V. Loan (85 Months term deposit).
Term deposits from co-operative Banks are not to be accepted for 555 Days Scheme.
444 Days Term Deposit Rate will be discontinued from 01^st May 2026.
Bulk deposit & non-callable additional rate have been withdrawn for the time being.

(W.E.F – 01.05.2026)

Savings Accounts (Rupee Deposits)
Daily Balance in the Savings Account (INR)	Applicable Interest Rates(p.a.) w.e.f. 1st May'26
Up to Rs. 1 Lac	3.25%
Above Rs. 1 lac to Rs.10 lacs	3.25%
Above Rs. 10 lacs to Rs. 20 lacs	3.50%
Above Rs. 20 lacs to Rs.1 Crore	4.00%
Above Rs. 1 Crore to Rs. 1.50 Crores	5.50%
Above Rs. 1.50 Crores	6.25%

Product Eligibility & Terms:

All new and existing individual and non-individual eligible saving account clients.
Interest will be calculated daily basis on the closing balance in account and will be credited quarterly.
Interest will be Calculated on incremental balances in each interest rate slab at applicable rates w.e.f 01-05-2026.
Staff is entitled to additional 1% & Ex-staff is entitled to additional 0.50% on the rates mentioned above

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