014474523 info@manipurcoop.com
Mon–Sat · 9:00 AM – 5:00 PM
Manipur Saving and Credit Cooperative Limited
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Fixed Deposit

Lump-sum savings with a locked, guaranteed rate for the full tenure.

Overview

Fixed Deposit

Lump-sum savings with a locked, guaranteed rate for the full tenure.

Fixed Deposits suit members who have a lump sum to set aside — a fee, a bonus, or family savings you do not want to touch for a while.

Your rate is fixed on the day of deposit and stays guaranteed until maturity, whatever happens to market rates.

Interest rates

Interest rates for Fixed Deposit
Balance slab Interest rate Note
6 – 11 months 6.50% p.a.
12 – 23 months 7.75% p.a.
24 – 35 months 8.50% p.a.
36 – 59 months 9.00% p.a.
60 months 9.50% p.a.
Senior citizens 0.25% extra

Minimum balance

Minimum deposit
Rs. 5,000
Maximum deposit
Rs. 1 crore
Tenure range
6 to 60 months
Interest payment
Maturity or monthly / quarterly payouts

Who can open this account

  • Resident individuals aged 18 and above
  • Joint deposit holders
  • Minors — operated by parent or guardian
  • Trusts, firms, and societies
Read Before You Open

Terms & conditions

Short, plain-language terms. Our full account rules are available at the branch and on request.

Yes. The rate in force on the date you open the deposit is locked for the entire tenure.

Premature closure attracts a 1% rate reduction on the applicable tenure rate, provided the deposit has run at least 3 months.

If you choose monthly or quarterly payouts, interest is transferred to your linked savings account on the scheduled date. The principal stays locked.

Yes. At maturity the deposit renews automatically unless you instruct otherwise, using the then-current rate.

Open This Account

One visit is all it takes

Bring your documents, and our counter staff will open your account on the spot.

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