Deposit Schemes


JSLD at Jijau Commercial Co-Op Bank comes with a banquette of facilities & services at no extra charge to the Customers.Eligible persons and eligible organizations or agencies as approved can open Savings Accounts with the Bank. Savings Account can be opened with Rs.50,000/- and the minimum balance to be kept in the Account is Rs.50,000/- only. With Interest rate at 5%.

Amount can be withdrawn from the Savings Account by way of cheque or withdrawal slips. Interest is paid early on Savings Account at 5 % p.a.


Recurring deposit account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.

In recurring deposit account Minimum amount Rs.500/- and multiplies of 100/- is accepted every month for a specified period (1 year to five year) and the total amount is repaid with interest at the end of the particular period.Rate of Interest for Rd account 1 year to 3 year 7.00 %.

  • In this scheme, a member deposits a fixed amount of money every month for a fixed tenure.
  • This scheme helps to save regularly for a certain period of time to earn a higher interest rate and benefits to get a lump sum amount.
  • In case of withdrawal before the completion of tenure, the member is not applicable for any interest
  • Interest will be calculated on yearly basis.
  • A lapse on payment of installment amount will make the defaulter and Charges at 2% per month with installment amount. 1 month after paying the last installment or maturity amount due dates whichever is more will be applicable for payment of maturity amount. Irregular deposits are not entitled to pre-mature payment and loan facility against it.
  • If all irregular pending deposits are paid, such accounts will be treated as regular. Even if there is a default in payment of 1 installment, the said account will be treated as irregular.
  • After the maturity date, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account.
  • In case of withdrawal before the completion of tenure, the member is not applicable for any interest.


In this type of deposit, there are two types.

  • Short Term Deposit (Up to 1 year)
  • Long Term Deposit (1 year & above)


  • In this, you can deposit the same amount each day through collection agent R.O.I. 2.5 % on successful completion of one year.

Fixed Deposit Rate Of Interest Chart

Sr. No. Duration Rate Of Interest
1 8 Days to 45 Days 4.50%
2 46 Days to 179 Days 5.00 %
3 180 Days To 1 Year 5.50 %
4 1 Year to 3 Year 6.00 %
5 3 Year to 5 Year 6.25 %
6 5 Year to 10 Year 6.50 %
Senior Citizen/ Institute 0.50% more on all above schemes.