Deposit Schemes

Our Deposits

Secure and profitable deposit schemes tailored to meet your savings-goals

Members Savings Account

A simple and convenient savings account for all members with competitive interest rates

Fixed Deposit

Lock in your savings with attractive fixed deposits and flexible tenure options

Recurring Deposit Account

Build your savings habit with monthly deposits and earn attractive returns

GM Cash Certificate

A secure certificate-based on deposit scheme with competitive interest rates

GM Member Daily Savings Account (PIGMY)

Daily savings account designed to help you save small amounts regularly

ಅವಧಿ ಠೇವಣಿಗಳ ಬಡ್ಡಿದರ

Term Deposits - Interest Rates (Except RD)

Effective from: 13-06-2024

Sl. No.	Period of Deposit (Tenure)	General Public	Senior Citizens
1	15 Days to 45 Days	4.00%	4.00%
2	46 Days to 90 Days	4.25%	4.25%
3	91 Days to 180 Days	4.50%	4.50%
4	181 Days to 1 Year	6.00%	6.50%
5	Above 1 Year up to 2 Years	8.50%	9.00%
6	Above 2 Years up to 3 Years (Special)	9.00%	9.50%
7	Above 3 Years up to 5 Years	8.50%	9.00%

ಆವರ್ತಕ ಠೇವಣಿಗಳ ಬಡ್ಡಿದರ

Recurring Deposits - Interest Rates

Effective from: 09-03-2023

ಕ್ರ.ಸಂ (Sl. No.)	ವಿವರಗಳು (Description)	ನಾಗರಿಕರಿಗೆ (Citizens)	ಹಿರಿಯ ನಾಗರಿಕರಿಗೆ (Senior Citizens)
1	1 ವರ್ಷದಿಂದ ಮೇಲ್ಟಟ್ಟು 2 ವರ್ಷಗಳವರೆಗೆ (Above 1 Year up to 2 Years)	8.25%	8.75%
2	2 ವರ್ಷದಿಂದ ಮೇಲ್ಟಟ್ಟು 3 ವರ್ಷಗಳವರೆಗೆ (Above 2 Years up to 3 Years)	8.50%	9.00%
3	3 ವರ್ಷದಿಂದ ಮೇಲ್ಟಟ್ಟು 5 ವರ್ಷಗಳವರೆಗೆ (Above 3 Years up to 5 Years)	8.00%	8.50%

Important Notes:

* Interest rates are subject to change from time to time as per the decision of the Board of Directors.
* Senior citizens are eligible for an additional interest rate of 0.50% on select deposit schemes and tenures.