A. SAVINGS DEPOSITS: 3 % P.A.
B. CURRENT DEPOSITS: Nil.
C. DOMESTIC TERM DEPOSITS:
| Sl. No. | Period of Deposits | Rate of Interest (% p. a). |
| 1 | 7 days to 14 days | 3.75 |
| 2 | 15 days to 29 days; | 4.00 |
| 3 | 30 days to 45 days; | 4.15 |
| 4 | 46 days to 60 days; | 4.25 |
| 5 | 61 days to 90 days; | 4.50 |
| 6 | 91 days to 179 days | 4.75 |
| 7 | 180 days to less than 1 year | 5.50 |
| 8 | 1 years to less than 2 years | 5.75 |
| 9 | 2 years to less than 3 years | 5.90 |
| 10 | 3 years and above | 6.00 |
| SENIOR CITIZEN TERM DEPOSITS:–
– 0.50 % above the normal rate.
MSCB staff: 1% interest above the normal rate will be given on the Term Deposit Accounts opened in the name of the existing and retired staff of the MSCB Ltd. · No interest will be paid if closed prematurely within 14 days from the date of deposit. · For premature payment after 14 days, 1.00 % penalty will be charged on interest rate prevalent on the date of opening of the deposit account for the corresponding period for which the deposit has remained with the Bank. · The revised rates of interests will be applicable to fresh and renewals of maturing deposits. |
Working Hours
Monday – Saturday
2nd Saturday and 4th Saturday is Holiday as per RBI Guideline since 1st September
