Fixed Deposits

You can see your excess money grow

Fixed Deposits

You can see your
excess money grow

I will double my investment in just 6 years by 2020.
Mygapula Srinivas
  • Features

    Attractive Interest Rates up to 10% p.a.

    No TDS on interest earned

    GnanaFlexi - Easy overdraft facilities on the RD amount paid at just 2% higher*

    Term of deposit can start from 30 days to 2 years

    You can receive interest monthly, quarterly, yearly or wait till maturity

    Minimum deposit amount should be Rs. 10,000

    Nomination facility is available

    Disclaimer: For Fixed Deposits with tenure below 365 days, interest will be calculated at maturity as Simple Interest.For monthly& quarterly interest pay-out Fixed Deposit, minimum tenure is 365 days.
    *Overdraft up to 80% of FD amount available.

  • Term Rate Of Interest Per Annum
    1 – 2 YEARS
    9.75%
    270 days – Below 364 days
    8%
    180 days – Below 270 days
    7.5%
    90 days – Below 180 days
    7%
    30 days – Below 90 days
    6%
    • If you opt for Monthly interest pay-out, then you will get 9% p.a.
    • If you opt for Quarterly interest pay-out, then you will get 9.25% p.a.

    * Conditions apply. 0.50% p.a. extra for senior citizens/physically challenged/ex-service men/widow/single parent(woman).

     

    Terms of Pre-closure:

    In case of pre-closure (monthly & quarterly interest payout), the rate of interest will be calculated as per the table above and the extra interest paid will be deducted from the FD amount.

    Ex: Suppose customer did a FD for 1 year, the rate of interest is 9% p.a. (monthly interest payout). After sum days, he came and gave a request for pre-closure, the interest will be calculated as 5% p.a. and the extra interest paid will be deducted from the FD amount.

  • Eligibility

    • He should be a shareholding member of GnanaShale Souharda Co-op Ltd. and the standard membership charges apply.
    • Member(s) should be a resident of Karnataka only

    Available for:

    • Individuals
    • Sole proprietorships
    • Partnerships / Limited liability partnerships
    • Private limited companies
    • Associations / Trusts
    • Resident Individuals / Sole Proprietorship Concern

      1. Copy of the PAN Card
      2.  Identity Proof: Voter ID Card / Passport / Aadhaar
      3.  Address Proof: Rental Agreement Copy / Aadhaar / Voter ID card
      4. Two latest passport photographs
    • Trusts

      1. Copy of the Trust Deed
      2.  Copy of the PAN Card
      3.  Copy of the Registration Certificate
      4.  Copy of the Resolution of The Trustees
      5.  Authorization letter for the trustees concerned to open and operate the account
      6.  Photographs of the trustees operating the account
    • Associations

      1.  By-laws of the Association
      2.  Copy of the Resolution by the board authorizing the members concerned to open and operate the account
      3.  Photographs of the members operating the account
    • Partnerships / Limited liability partnerships

      1. Partnership Deed
      2.  Letter from partners approving the persons concerned to open and operate the account
      3. Copy of the PAN Card
      4.  Photographs of the persons operating the account
    • Public / Private Limited Companies

      1.  Board Resolution / Authority Letter
      2.  Memorandum & Articles of Association
      3.  Certificate of Incorporation
      4.  Certificate of Commencement of Business (Public Limited Company)
      5.  Copy of the PAN Card
      6.  Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
      7.  Governing Act / Rules and Regulations(PSUs) (certified true copy)

Related Products

SHG Millennial Recurring Deposit

  • Your 10 years monthly deposit = up to 20 years Pension
  • 100% utilized for SAFE micro-finance
  • GnanaFlexi – Easy overdraft facilities at just 2% higher

SHG Fixed Deposit

  • Attractive interest rates upto 12% per annum
  • 100% utilized for SAFE micro-finance
  • GnanaFlexi – Easy overdraft facilities at just 2% higher

Loan

  • No Pre-closure charges
  • Time to loan disbursement is faster relatively
  • Can avail for home loan, vehicle loan, gold loan and other collateral-secured loans

Call Us

For assistance, call +91 80 4212 4421 or +91 974 248 1256
Monday to Friday: 9:30 AM to 5:30 PM
Saturday: 9:30 AM to 1:30 PM

Write to us

Be it an enquiry, feedback or a simple suggestion,
write to us and we will get back to you

Write to us

© 2019 GnanaShale | All Rights Reserved