Bank has become live on E-Commerce and PoS transactions.          IFS CODE: UTIB0SLDH01          An ISO 9001:2000 certified bank by JAS-ANZ          Bank will remain closed on Second and Fourth saturday of every month          The Ludhiana Central Cooperative Bank Ltd. - An 'A' class cooperative bank          Preserve your success with smart financing         
  • Dairy Loans

  • Agricultural Loans

    We offer term loans for buying cattle, purchase of equipment for irrigation and other agricultural requirements.

  • Vehicle Loans

    This festive season, get the vehicle loan at lowest EMI of just Rs 2052.00 per lac for 5 years and EMI of Rs 1440 per lakh for 8 years

  • Home Loans

    Avail the 15 year term loan facility with lowest EMI Rs 1090/- per lac and no hidden cost.

Deposits

 

Rate of Interest on Term Deposits  w.e.f  01.01.2021

Sr No.

Maturity Period

ROI for below Rs. 100 lakhs

ROI for Rs. 100 lakhs and above

1.

7 days to 30 days

3.50%

3.00%

2.

31 days to 45 days

4.00%

3.00%

3.

46 days to 90 days

4.00%

3.00%

4.

91 days to 179 days

4.00%

3.00%

5.

180 days to 364 days

(Half year to <1 year)

5.50%

5.50%

6.

1 year

7.65%

8.05%

7.

More than 1 year to 2 years

7.65%

8.05%

8.

Above 2 years to < 5 years

7.00%

7.00%

9.

5 years and above

6.25%

6.25%

 

 

(a)    Interest of 0.50% above these rates to the Senior citizens will be admissible to single Fixed Deposit of Rs.10000/- and above for the period of one year and above.

 

(b)       Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws.

(c)       These revised interest rates will be applicable for new deposits and renewal of existing terms deposits.

(e)       Interest rate on GPF A/C will be 7.65% per annum w.e.f. 09.02.2023

(f)        On premature withdrawal of FDR/LTD i.e. the interest rate payable would be applicable would be applicable slab minus 1%, for the period of the deposit which has remained with the Bank.

'AVOID your Account getting FREEZED'