Recurring Deposit

Recurring Deposit

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.

Our Deposit Schemes

Recurring Deposit

Under this scheme, the customer can save small amount in monthly installments....

Fixed Deposit

The Bank offers attractive rates on Fixed Deposits for various maturity periods. Facility....

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.

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    Contact Us

    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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