Recurring Deposit

Recurring Deposit

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SAVINGS AND RECURRING DEPOSIT RATES

  • Savings Deposit Rate: 3.50% Recurring deposit rates applicable as per term deposit rates

Invest your money with GSC Bank for a tenure anywhere between 7 days to 5 years and earn interest over the deposited amount. As one of the most traditional and safest means to invest, many people prefer it for wealth creation. Fixed deposits is a good choice for people who have some extra lump sum amount, which they don’t need to use at the time. It ensures capital protection as well as a uniform flow of income, Senior citizens will get an additional interest rates of 0.50% P.A.

RATES FOR INDIVIDUALS, TRUST, HOUSING SOCIETIES & HUF (W. E. F. 17/03/2023)*

TENURE TENURE
07 DAYS TO 45 DAYS 4.25%
46 DAYS TO 90 DAYS 4.25%
91 DAYS TO 120 DAYS 4.50%
121 DAYS TO 179 DAYS 4.50%
180 DAYS TO 269 DAYS 5.75%
270 DAYS TO 364 DAYS 5.75%
12 MONTHS (365 DAYS) 7.25%
366 DAYS TO 24 MONTHS 7.25%
MORE THAN 2 YEARS AND UP TO 3 YEARS 6.75%
MORE THAN 3 YEARS AND UP TO 5 YEARS 6.75%
TAX SAVING DEPOSIT SCHEME FOR 60 MONTHS 5.00%
  • Senior citizens (60 years or above) will get an additional 0.50% more interest
  • “For fixed deposits of Rs 1 Crore and above in a single deposit placed for 12 months (365 days) by individual customers only will get 0.25% extra on the regular interest rate.”

RATES FOR BANKS, PACS & OTHER INSTITUTIONS (W. E. F. 05/01/2023)*

TENURE TENURE
07 DAYS TO 45 DAYS 4.75%
46 DAYS TO 90 DAYS 5.00%
91 DAYS TO 120 DAYS 5.25%
121 DAYS TO 179 DAYS 5.25%
180 DAYS TO 269 DAYS 5.60%
270 DAYS TO 364 DAYS 6.00%
12 MONTHS (365 DAYS) 7.50%
366 DAYS TO 24 MONTHS 6.50%
24 MONTHS & 1 DAY 6.25%

PRODUCTS & SERVICES WE PROVIDE

  • Savings Bank Account
  • Current Bank Account
  • Free SMS
  • Junior Bank Account
  • Insurance
  • E-stamping
  • Auto Vault (24×7×365 open Smart Lockers)
  • Recurring Deposit
  • Safe Deposit Lockers
  • Franking Facility
  • RTGS/NEFT/IMPS/UPI
  • Mobile Banking/Net Banking

Locate Us:

For any query regarding FD/RD please contact the nearest branch of GSC Bank, to open Fixed Deposits / Recurring Deposits.

*Interest rates are subject to change without prior notice