Janata Sahakari Bank Ltd Fd Rates

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:

TenureRegular Interest Rate (per annum)Senior Citizen Interest Rate (per annum)
7 days to 30 days3.25%3.25%
31 days to 90 days3.75%3.75%
91 days to 180 days4.00%4.00%
181 days to 364 days4.50%4.50%
1 year to 3 years5.25%5.50%
3 years to 5 years5.25%5.75%
More than 3 5 years5.50%6.00%
Janahit Deposit Scheme – 45 days3.75%3.75%
Swadhan Deposit Scheme – 30 days3.25%3.25%
NRE Deposit Scheme – More than 12 months to 36 months5.25%5.25%
NRE Deposit Scheme – More than 36 months5.25%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.