Under this scheme, the customer can save small amount in monthly installments for a fixed term to get back a lump sum. Interest is accumulated on the principal over the saving period at attractive rates of interest w.e.f.01.10.2024.
| S.No | Period | Existing | Revised |
| 01 | 7 Days to 45 days | 4.25% | 4.25% |
| 02 | 46 days to 90 days | 5.50% | 5.50% |
| 03 | 91 days to 179 days | 6.00% | 6.00% |
| 04 | 180 days to below 1 year | 6.75% | 6.75% |
| 05 | Exact 1 Year | 7.00% | 7.25% |
| 06 | 1 Year to 2 Years | 6.75% | 7.25% |
| 07 | 2 Years to 3 Years | 6.75% | 7.25% |
| 08 | 3 Years to 5 Years | 6.75% | 7.50% |
| 09 | Above 5 Years | 6.75% | 7.50% |
| S.No | Category | Period | Extra Rate of interest(%) |
| 01 | Senior Citizens | 1 year and above | 0.50% |
| 02 | Staff & Retired Staff | 7 days and above | 1.00% |
| 03 | Retired Staff (above 60 years) | 1 year and above | 1.50% |
| 04 | PACS and other ‘B’ Class Societies | 7 days and above | 0.50% |
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The Bank offers attractive rates on Deposits for various maturity periods. Facility for drawing interest on a monthly or quarterly basis is also provided.
Address : H. NO. 6-2-4, GD. & 1ST. FLOOR HYDERABAD ROAD, NEAR CLOCK TOWN, H. P. O. NALGONDA – 508 001
Email : ceo_nlg@nlgdccb.org
Phone : 9912344259 / 08682 295621
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