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Term Deposit

Home / Term Deposit
Reliable Growth

Safe & Steady Returns

A Term Deposit is a secure way to grow your savings over a fixed period, offering higher interest rates than standard savings accounts.

The time period of the deposit is decided at the time of opening your account/receipt. You have the flexibility to withdraw or renew the deposit upon maturity, ensuring your money works for you on your terms.

Senior Citizens +0.50% Extra Interest

Key Account Features

Designed to provide flexibility and security for your investments.

7 Days

Minimum period to start your fixed deposit investment.

₹ 100

Minimal opening balance requirement to begin growing wealth.

Flexible Payout

Receive interest monthly, quarterly, or upon maturity.

Loan Facility

Instant loans available against your deposit when needed.

Automatic Renewal

Never miss out on interest. Your Fixed Deposit receipt will be renewed automatically on the maturity date for the same period at prevailing rates.

  • Hassle-free standing instructions
  • Interest credit facility available
  • Core Banking implemented in all branches

Cumulative Deposit

Maximize your returns with quarterly compounding interest. Earn interest on your interest for a larger corpus.

1 Year
Minimum Period
10 Years
Maximum Period

Cumulative deposits are perfect for long-term goal planning like education or retirement.

Ready to Start Your Investment?

Check our latest interest rates or visit your nearest branch to open your Term Deposit today. Our executive will guide you through the best plans.

View Interest Rates Contact Support
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The Municipal Co-operative Bank Ltd., Mumbai is registered with DICGC. Your deposits are safe with us.

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