VVCC Bank| SMSBanking
VVCC Bank| SMSBanking
Term Deposite
Regular Term Deposits Rate of Interest Remarks
45 Days to 90 Days 5.00%
91 Days to 180 Days 5.50% Premature Without Penalty
181 Days to 364 Days 6.00%
1 Year and Above Upto 3 Years 7.50% 0.50% More Interest for Senior Citizens Premature encashment will attract 1.00% penalty
Above 3 Years 7.25%
* (W.E.F 01-11-2018)


  • Customer will get interest on Monthly / Quarterly / On Maturity interval on Fixed Deposits.
  • TDS will be applicable @10.00%, if interest paid on Fixed Deposits / Recurring Deposits equal to or more then Rs. 10,000.00 in a financial year and PAN card submitted.
  • If PAN card is not submitted TDS will be deducted @ 20.00%
  • Customer may submit form 15G / 15H along with PAN card for no deduction of TDS, if total taxable income of the customer does not exceed basic limit of Income Tax.
  • TDS is applicable from June 1, 2015 for financial year 2015-16 (For Depositors of Co-Operative Banks).

Premature payment will be allowed only with consent of all joint holders. Interest will be paid at 1.00 % less than prevailing rate for particular period.

VVCC Bank| SMSBanking