IJSBANK

Kaijs Bank Attractive Deposit Schemes

AS PER BOARD RESOLUTION NO. 32/9 DT. 17/12/2022 NEW INTEREST RATES APPLICABLE w.e.f. 26/12/2022.

Pigmy Deposit

3% rate of interest for a period of one year and two years and above 3.50%.
Savings Rate of Interest : 3.50%
Special Savings Rate of Interest : 3.50 %
No Frill Savings : 3.50%
Tax Saving Vikas Deposit Scheme ( Rate of Interest 8.00%):

Recurring Deposit (For Installment Rs. 100 ) Senior Citizen (Below Rs 15 Lac, 0.50% additional)

PERIOD Interest Rate Amount after Maturity Period
12 Months 07.00% 1246
24 Months 07.00% 2583
36 Months 07.15% 4023
48 Months 07.15% 5566
60 Months 07.15% 7222
72 Months 07.15% 8999
84 Months 07.15% 10908
96 Months 07.15% 12956
108 Months 07.15% 15155
120 Months 07.15% 17515

Sukanya Recurring Deposit Scheme

NAME OF THE SCHEME Sukanya Recurring Deposit Scheme
Purpose For monthly investment
Eligibility 1. Mature daughter/girl.
2. Minor guardian
Minimum Investment Rs 1000/- and Multiples of Rs 100/-
Scheme Period 5 Years 6 Years 7 Years 8 Years 9 Years 10 Years
Rate of Interest 7.25 % 7.25 % 7.25 % 7.25 % 7.25 % 7.25 %
Maturity Amount 5 Years Rs 73,862/- ( per month Rs 1000/- After paying 5 Years)
6 Years Rs 92,480/- ( per month Rs 1000/- After paying 6 Years)
7 Years Rs 1,12,632/- ( per month Rs 1000/- After paying 7 Years)
8 Years Rs 1,34,446/- ( per month Rs 1000/- After paying 8 Years)
9 Years Rs 1,58,058/- ( per month Rs 1000/- After paying 9 Years)
10 Years Rs 1,83,616/- ( per month Rs 1000/- After paying 10 Years)
Other Conditions 1. The scheme will be commenced w.e.f 1stJanuary 2018
2. The said scheme is for daughter/girl only.
3. Deposit Mortgagae facility will be availed as per the bank policy
4. 1% more interest will be offered to the staff.
5. Pre-mature closure will be allowed as per the Bank Rules and Regulations.
6. TDS will be applicable as per the Income Tax Rule.
7. All the rules for recurring deposits of this scheme will apply.
8. It is compulsory to submit documents as per the KYC policy of the bank.
9. The Board of Directors shall have right to change/close in the policy from time to time

Mahila Suvarnalankar Recurring Deposit Scheme

NAME OF THE SCHEME Mahila Suvarnakankar Recurring Deposit Scheme
Purpose For monthly investment
Eligibility Individual women, Mature Daughter or Minor Guardian
Minimum Investment Rs 500/- and Multiples of Rs 100/-
Scheme Period 3 Years 4 Years 5 Years 6 Years 7 Years
Rate of Interest 7.25 % 7.25 % 7.25 % 7.25 % 7.25 %
Maturity Amount 3 Years Rs 20,386/- ( per month Rs 500/- After paying 3 Years)
4 Years Rs 28,331/- ( per month Rs 500/- After paying 4 Years)
5 Years Rs 36,931/- ( per month Rs 500/- After paying 5 Years)
6 Years Rs 46,240/- ( per month Rs 500/- After paying 6 Years)
7 Years Rs 56,316/- ( per month Rs 500/- After paying 7 Years)
Other Conditions 1. The scheme will be commenced w.e.f 1stJanuary 2018
2. The said scheme is for woman only.
3. The said scheme shall be taken in favour of matured daughter
4. Minor Guardian - Mother/Father name can be started.
5. Also the said scheme shall be opened in favour of individual women .
6. Deposit Mortgage facility will be availed as per the bank policy.
7. 1% more interest will be offered to tha staff.
8. 0.25% more interest will be offered to senior citizen.
9. Pre-mature closure will be allowed as per the Bank Rules and Regulations.
10. TDS will be applicable as per the Income Tax Rule.
11. All the rules for recurring deposits of this scheme will apply.
12. It ic sompulsory to submit doccuments as per the KYC policy of the bank.
13. The Board of Directors shall have right to change/close in the policy from time to time

Student Recurring Deposit Scheme

NAME OF THE SCHEME Student Recurring Deposit Scheme
Purpose For monthly investment
Eligibility Minor Student (Parents and minor guardian)
Minimum Investment Rs 500/- and Multiples of Rs 100/-
Scheme Period 120 Months (from date of kept deposit)
Rate of Interest 7.25%
Maturity Amount Rs 91,808 /- (per month rs 500/- after paying 10 years)
Other Conditions 1. The scheme will be commenced w.e.f 1stJanuary 2018
2. The said scheme is for student only.
3. Deposit Mortgagae facility will be availed as per the bank policy
4. 1% more interest will be offered to the children's account of the staff.
5. Pre-mature closure will be allowed as per the Bank Rules and Regulations.
6. TDS will be applicable as per the Income Tax Rule.
7. All the rules for recurring deposits of this scheme will apply.
8. It ic sompulsory to submit doccuments as per the KYC policy of the bank.
9. The Board of Directors shall have right to change/close in the policy from time to time
English