Janata Sahakari Bank Ltd is a scheduled bank that was set up way back in 1949. This bank has a wide network of more than 70 branches and has made a name for itself as a well-established co-operative bank. Janata Sahakari Bank fixed deposits give a good rate of return and the bank also offers various investment options for Non-Resident Indians (NRIs).
Given below are the latest interest rates that are offered on Janata Bank FD schemes:
| Tenure | Regular Interest Rate (per annum) | Senior Citizen Interest Rate (per annum) |
| 7 days to 30 days | 3.25% | 3.25% |
| 31 days to 90 days | 3.75% | 3.75% |
| 91 days to 180 days | 4.00% | 4.00% |
| 181 days to 364 days | 4.50% | 4.50% |
| 1 year to 3 years | 5.25% | 5.50% |
| 3 years to 5 years | 5.25% | 5.75% |
| More than 3 5 years | 5.50% | 6.00% |
| Janahit Deposit Scheme – 45 days | 3.75% | 3.75% |
| Swadhan Deposit Scheme – 30 days | 3.25% | 3.25% |
| NRE Deposit Scheme – More than 12 months to 36 months | 5.25% | 5.25% |
| NRE Deposit Scheme – More than 36 months | 5.25% | 5.25% |
| Tax Saver Deposit Scheme (5 years & more) | 5.25% | 5.75% |
Note: The interest rates are applicable from 1 September 2021. The rates may vary from time to time based on bank rates.
Janata short-term deposit rates
- A comparatively high interest rate is offered by the bank on the short-term deposit schemes, making it a good investment option for those who do not want to lock-in their funds for longer durations.
- Even an investment made for as short a duration as 7 days to 30 days will fetch a return at the rate of 3.25% p.a.
- For deposits with a tenure of 31 days to 90 days, the interest rate of 3.75% p.a.
- For 91 days to 180 days, the bank will offer the customer 4.00% p.a. and for 181 days to less than 1 year, the rate paid will be 4.40% p.a.