MANJERI CO-OPERATIVE URBAN BANK

Interest Rates

INTEREST RATES ON DEPOSITS & LOANS Interest Rates on Term Deposits (Individual) BR 4 dt- 30-08-2024 wef. 31-08-2024
Deposit Period	Interest Rate
From 7 Days and upto 45 Days	3.50%
From 46 Days and upto 179 Days	5.50%
From 180 Days and upto 210 Days	6.25%
From 211 Days and less than 1 Year	6.50%
From 1 Year to less than 2 years	6.80%
From 2 Years to less than 3 Years	7.00%
From 3 Years to less than 5 years	6.75%
From 5 Years and upto 10 Years	6.50%

For Senior Citizen’s Deposit (AFD) : 0.5% extra interest than the above rate.

For all Cumulative Deposits including RD & RIP
Same rate as above

Savings Bank (SB)Deposits	2.70%
Current A/C	NIL

Interest Rates on Term Deposits (for Co-op Society):
From 7 Days and upto 45 Days	3.50%
From 46 Days and upto 179 Days	5.50%
From 180 Days and upto 210 Days	6.25%
From 211 Days and less than 1 Year	6.50%
From 1 Year to less than 2 years	6.80%
From 2 Years to less than 3 Years	7.00%
From 3 Years to less than 5 years	6.75%
From 5 Years and upto 10 Years	6.50%


Interest Rates on LOANS
BR 12 dt- 09-11-2023 wef. 04/12/2023
Loan amount	Interest Rate
Upto & including Rs. 1,00,000/-	9%
From Rs. 1,00,001/- upto Rs.5,00,000 /-	10%
From Rs. 5,00,001/- upto Rs.10,00,000 /-	11%
From Rs. 10,00,001/- upto Rs.12,50,000 /-	12%

From Rs. 12,50,001/- upto Rs.25,00,000 /-	13%
From Rs. 25,00,001/- upto Rs.50,00,000 /-	14%

Gold Loan amount
Upto & including Rs. 4 Lakh	7.5%
Personal Gold Loan amount
Above 4 Lakh upto & including 12.5 Lakh)	8.5%
Special Gold Loan amount
Up to 50,000/-	5%
Parpidam Loan amount
Upto & including 5 Lakh	9%
Above 5 Lakh to 10,00,000/-	10%

Santhwanam Loans (Upto Rs.5000/-)	4%
Dial – A - Loan (upto 2,00,000/-)	10%
Consumption Loan (upto 50,000/-)	10%
Porters Spot Loan (upto 50,000/-)	9%