SVC Bank Fixed Deposit

About SVC Bank Fixed Deposit

Shamrao Vithal Co-operative Bank Limited (SVC), founded in 1906, runs its business via 195 branches across the country. The bank deals in personal banking, NRI banking, corporate banking and various other services to suit the taste of customers. As far as fixed deposits are concerned, the bank offers depositors a wide range of options with attractive interest rates of 5.50%-8% per annum over a period of 15 days-10 years. So, let’s come down and view SVC Bank fixed deposit interest rates.

SVC Bank Fixed Deposit Rates

Interest Rates on Deposits of Upto ₹ 15 Lacs

Period of DepositGeneral PublicSenior Citizens
15-Below 90 Days4.75 %4.75 %
91-Below 180 Days5.00 %5.15%
181-364 Days6.00%6.15%
365 Days-Below 2 Years7.00 %7.15%
AV Deposit Scheme - 366 Days (Simple Interest)7.25%7.40%
Mangal Moorti Scheme- 24 months (Simple Interest)7.25%7.40%
Above 24 months to 60 months7.00% 7.15%
Above 60 months to 120 months6.75% 6.90%
Tax exemption Scheme (5 Years)7.25%7.25%

SVC Bank Fixed Deposit Schemes

At SVC, you can choose from a number of fixed deposit schemes to secure your future. The schemes include-


Minimum deposit amount-₹ 1,000

Minimum deposit period-15 Days

Maximum deposit period-364 Days

Interest payable-at maturity only

Loan available upto 90% of the deposit amount


Minimum deposit amount-₹ 1,000

Minimum deposit period-1 Year

Maximum deposit period-5 Years

Interest payable- quarterly, half-yearly, annually

You can avail loan upto 90% of the deposit amount


Minimum deposit amount-₹5,000

Minimum deposit period-1 Year

Interest gets automatically ploughed back to the deposit on quarterly intervals\

Avail loan upto 90% of the deposit amount


Lock-in period-5 Years

Maximum deposit amount-upto ₹ 1,50,000 in a financial year

Qualifies for tax exemption under section 80C of the Income Tax Act.


Minimum deposit amount-₹10,000

Minimum deposit period-1 Year

Maximum deposit period-5 Years

Loan facility available upto 90% of the deposit amount


Comes with savings account clubbed with sweep out fixed deposits

Enables hassle-free hospitalization

Flexible payment options at network hospitals of the bank

You require to open a savings bank account with a balance of Rs 10,000

Set aside the amount for emergency

You will get an AV Flash Card

Show the card at the network hospital, in case of emergency, and get the admission in hospital without paying the cost

Hospital will get the payment from SVC Bank

The card can be used for you, your family and friends

Interest earned on sweep out fixed deposits to get credited on savings account at the time of maturity with auto renewal option

Fixed deposit ranges from₹50,000 to any amount

Avail the benefit of no penalty on premature withdrawal in case of emergency

SVC Bank Fixed Deposit Application Form

You can access fixed deposit application form online. This will require you to download the form from the website. Further, you must take a printout of the form, fill in the details and submit it  along with ID & address proofs and cheque to the bank officials to process your application. Alternatively, you can visit the bank branch and do the stuffs stated above.

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