We have revised Policy on Allotment of Shares. Click here to view the notice. Unclaimed Deposits Under DEAF Account. Click here to view list. Members who have not received the dividend for financial year 2013-14, 2014-15 and / or 2015-16 may contact us at "care@vardhamanbank.com" or call 040-46664777.

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Interest Rates on Deposits

Applicable interest Rates with effect from 01-06-2017 are as under.

Period Interest Rates
For General Public (p.a)
Interest Rates
for Senior Citizens (p.a)
15 days to 29 days 4.50 % 4.50 %
30 days to 180 days 6.00 % 6.00 %
181 days to 299 days 7.25 % 7.50 %
300 days to 449 days 7.75 % 8.00 %
450 Days 8.00% 8.25%
451 days or above up to 3 Years 7.50 % 7.75%
Above 3 Years up to 10 Years 7.25 % 7.50%

Recurring Deposit: The Rate of Interest on Recurring Deposit for 1 year & above period is 7.50% pa. for General Public and 7.75% p.a for Senior Citizen.

Other Points

(i) As per the directives of RBI, interest in a leap year shall be calculated taking number of days as 365.