Deposit Account

Deposit Schemes

Uttarakhand Gramin Bank offers various deposit plans that you can choose from depending on the term period and nature of deposit.

Apart from competitive interest rates and convenient withdrawal options, our deposit plans offer other features such as overdraft facility, outstation cheque collections, safe deposit lockers, etc.

Fixed deposits are categorized into deposits with a term period of less than 12 months, more than 12 months and recurring deposits. These deposit plans offer convenient solutions to both working individuals as well as senior citizens.

Current and saving deposits are ideal for individuals who wish to take advantage of multiple benefits within the same plan and even be eligible to opt for overdrafts.

Deposit Products And Services

Saving Account

Eligible

Individuals Single Accounts, Joint Accounts, NRIs.

Initial and Minimum deposit

Rs 500/-

Interest Rate

4.00% p.a will be calculated on Daily Basis.

Key Features

  • Personal Accident Insurance of Rs 1 Lakh.
  • Transfer of Accounts between our wide networks of branches.
  • All Branches are CBS enabled.
  • Free SMS alert on customer induced Transaction.
  • Internet Banking Facility available.
  • Locker Facility available (in few branches).
  • ATM facility will be start in few months.
Recurring Account Recurring is a special type of deposit account though which you can save a little every month and get sufficient fund to achieve your financial goals.

Eligible

Individuals single account, joint account, Illiterate Person, Blind Person.

Key Features

  • An account can be opened for any period of time ranging from 12 months to 120 months.
  • Minimum amount of monthly installment should be Rs 100/- and maximum amount should be Rs 10,000/-.
  • Interest at the permissible rate is compounded and paid on maturity.
  • Loan Facility available against the balance in RD account.
  • Passbooks will be provided to the depositor.
  • Nomination Facility is available.
  • No TDS is applicable in these accounts.

Standard Term Deposit Account

Eligible

Individuals single account, joint account, Illiterate Person, Blind Persons, Associations, Clubs, Societies, etc.

Key Features

  • An account can be opened for any period of time ranging from 12 months to 120 months.
  • Minimum amount should be 100.
  • Loan facility available against STDR.
  • Nomination Facility available.
  • In case of premature closure withdrawal shall be 1% below the rate applicable for the period.