The Salem District Central Co-operative Bank Ltd

Contact Us

sdccbslm@salemdccb.bank.in +91-94899 10610 Salem District Central Co - Operative Bank Ltd.,

Deposit

Recurring Deposit

Period – Min 1 year and Max 5 years
Option – Growth (Cumulative quarterly)
Interest Payable – On Maturity (Compounded quarterly)
Pre closure – Less 1% from the applicable Rate of Interest for the run period
Penalty on late payment : Charges – Rs.2/- per 100
As applicable to Term Deposit Rates. Please click here to know the current rate of Interest

Application form
Recent Photograph two numbers
Existing SB Account customers need not submit Photograph and KYC documents
Copy of PAN card
The account will be opened on submission of the duly filled in application form along with the initial deposit amount in cash

Account can be opened in singly / jointly / with either or survivor options
A minor with natural guardian
The account will be opened on submission of the duly filled in application form along with the deposit amount in cash /cheque / withdrawal (transfer from SB)