Customer Service - INTEREST RATES OF

NELLORE CO-OPERATIVE URBAN BANK Ltd

Interest Rates offered by the Bank on Fixed Deposits with effect from 02-05-2016

Period of Deposit Rate of Interest
Age Below 60 Years
Rate of Interest
Age Above 60 Years
15 days to 90 days 6.25% 6.75%
91 days to 180 days 6.75% 7.00%
181 days to 365 days 7.25% 7.50%
1 year to 3 years 8.00% 8.25%
3 years and Above 8.25% 8.50%
3 years and Above (women) 8.50% 8.75%
Savings Accounts 5.00%


Bank Offers 0.50% extra to Senior Citizens deposits placed for more than 1-year period.

Deposited Amount will be doubled in just 89 months.

Senior Citizens Deposited amount will be doubled in Just 85 Months

Interest on Savings Deposit will be @ 5% to their Savings Bank Account respectively.

M. Anitha (SECRETARY)