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Devika Urban Co - Operative Bank LTD.
Udhampur, J&K

 
   
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Deposit Rates
 

ADVANCES RATE W.E.F 20/12/2025

DEVIKA URBAN CO-OPERATIVE BANK LTD. P.N DOGRA MARKET, UDHAMPUR (J&K) -
182101

DEPOSIT RATES W.E.F 18/05/2026



The Saving Bank Interest rate - 2.60% (w.e.f 22/09/2025) (Interest on SB deposit will be paid on Qtrly basis from FY 2026-27)



Term/ Special Term deposits A/c / Recurring A/c


PERIOD

      PRESENT RATE

REVISED

7 DAYS TO 14 DAYS 3.00% 3.00%
15 DAYS TO 45 DAYS 3.00% 3.00%
46 DAYS TO 90 DAYS 4.00% 4.00%
91 DAYS TO 180 DAYS 4.25% 4.25%
181 DAYS TO LESS THEN ONE YEAR 4.75% 4.75%
1YR > 2YR 6.10% 6.25%
2YR > 3YR 6.10% 6.10%
3YR > 5YR 6.30% 6.80%
5YR-10YR 6.30% 6.60%

Senior Citizen

0.50% Extra on deposits of 6 months and above

PERIOD PRESENT RATE REVISED
181 DAYS TO LESS THEN ONE YEAR 5.25% 5.25%
1YR > 2YR 6.60% 6.75%
2YR > 3YR 6.60% 6.60%
3YR > 5YR 6.80% 7.30%
5YR-10YR 6.80% 7.10%

Note:

1. The revised rates of interest shall apply to fresh deposits and renewals of maturing deposits.

2. Staff 1% above the prescribed rates.

3. 1% penalty shall be imposed in case the term deposits are withdrawn premature cum renewal.


Rakesh Sharma
(Chief executive officer)

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