The Kaveripattinam
Cooperative Town Bank Ltd No-5918

Little drops of water make a mighty ocean

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Home / Deposits

Deposit accounts

இட்டு வைப்புகள்

Savings, current, fixed and recurring deposits,
with extra interest for senior citizens.

Fixed deposit Senior citizen deposit

Savings deposit account

சேமிப்புக் கணக்கு

Minimum balance ₹500

An everyday account for salaries, household savings and receiving payments, with interest credited every quarter.

  • Interest on daily balance
  • Cheque book and passbook
  • RuPay debit card
  • NEFT, RTGS and IMPS
  • Free SMS alerts
  • Nomination facility
You will need: Aadhaar card, PAN card (or Form 60), Ration Card, two passport-size photographs and address proof if different from Aadhaar.

Current account

நடப்புக் கணக்கு

For shops & firms

For traders, shops and businesses that handle many deposits and payments each day.

  • Unlimited transactions
  • Multi-city cheques
  • Overdraft facility on request
  • Statements on demand
You will need: KYC of proprietor or partners, GST certificate or trade licence, partnership deed or company documents as applicable.

Fixed deposit account

நிரந்தர வைப்பு

7 days to 10 years

Lock in a fixed rate for a chosen period. Choose to receive interest monthly, quarterly, or at maturity.

  • Monthly or quarterly interest payout
  • Reinvestment (cumulative) option
  • Loan up to 85% of deposit
  • Auto-renewal on maturity
  • Premature closure allowed
  • Linked savings/current account required
You will need: Aadhaar card, PAN card (or Form 60), two passport-size photographs, a linked savings/current account and address proof if different from Aadhaar.

Recurring deposit account

தொடர் வைப்பு

From ₹100 a month

Save a fixed amount every month and receive a lump sum with interest at the end - ideal for school fees, festivals or a wedding.

  • Tenure of 12 to 120 months
  • Fixed deposit rates apply
  • Standing instruction from savings
  • Loan against RD balance
  • Linked savings/current account required
You will need: Aadhaar card, PAN card (or Form 60), two passport-size photographs, a linked savings/current account and address proof if different from Aadhaar.

Senior citizen deposit account

மூத்த குடிமக்கள் வைப்பு

+0.50% extra

Depositors aged 60 and above earn an additional 0.50% on all fixed and recurring deposits.

  • Additional 0.50% interest
  • Monthly/Quarterly/Yearly interest to savings account
  • Form 121 for TDS exemption
  • Priority service at the counter
  • Linked savings/current account required
You will need: Aadhaar card, PAN card (or Form 60), two passport-size photographs, a linked savings/current account and address proof if different from Aadhaar. Age proof is required.

Children's savings account

குழந்தைகள் சேமிப்பு

For minors

Open an account for your child, operated by a parent or guardian, to build the saving habit early.

  • No minimum balance
  • Operated by guardian
  • Converts to regular account at 18
You will need: Child's birth certificate or Aadhaar, and the guardian's KYC.

Locker deposit account

பாதுகாப்பு பெட்டகம்

Subject to availability

Rent a secure locker at the branch to safeguard jewellery, documents and other valuables.

  • Multiple sizes available
  • Refundable security deposit
  • Nomination facility
  • Linked savings/current account required
  • Yearly interest payout to Savings account
You will need: Aadhaar card, PAN card (or Form 60), a passport-size photograph and an active savings or current account with the bank.

Note: Interest will be provided on monthly/quarterly/yearly basis.

Talk to us at the branch

Bring your Aadhaar and PAN. Most accounts open the same day.

Send an enquiryCall the branch