The Ajara Bank C0-op. Ltd. Ajara

IFSC Code : IBKL0116AUC
Contact
02323-246122
 
Deposit Schemes

We are providing following deposit schemes :



 

Just like little drops make an ocean, see your small investments every month turn into a huge amount at maturity by investing in our Recurring Deposit scheme.

Who Can Open the Account

  • Individuals
  • Two or More individuals in their joint names
  • Minors represented by the natural guardians
  • Proprietary concerns/ partnership firms/companies
  • Associations or anybody corporate
  • Hindu Undivided Families
  • Trusts

Benefits & features

  • Invest little sums every month
  • Facility of Standing Instruction through which the amount can be debited from your savings account.
  • NO TDS
  • Attractive Interest Rates
  • Scheme applicable for 12 months to 36 months
  • Amount of installment once fixed, cannot be changed.
  • Recurring deposits are accepted in equal monthly installments of minimum Rs 5
  • Penalty for delayed monthly installment Rs. 1.50 per Rs.100/-  p.a. In case of payment before maturity, Interest up to 15 days will be Nil.
  • Above 15 days 1% less than applicable rate of Interest for the actual period for which deposit is kept with the Bank.