Key Announcements RSS

  • 19th Annual Report


    Bank's 19th Annual Report is available >>> Read More

  • Shivalik Bank and LIC of India join hands!

    Shivalik Bank now offers life insurance plans of LIC of India as its corporate agent. An MoU was

    >>> Read More

Fixed Deposits

Time Deposits (Term Deposits)

One of the most popular method of saving your hard earned money and earning handsome income on it is to keep it with your bank in the form of fixed deposits.  You can decide the term of deposit from 15 days to 120 months.  There are different schemes to suit different people.  

Short Deposit Receipt:

Short Deposit Receipts are issued for a maximum period of 179 days.  Please click for rate of interest applicable for different terms.

Please open a SB Account online.

Monthly Income Certificate

Very convenient for those who are in need of fixed monthly income by way of interest on their saved money.   It is like receiving pension every month.  On your request, we can deposit the monthly interest into your Savings Bank account every month and from there you can withdraw your money with the help of ATM-cum-Debit Card.

Quarterly Income Certificate

Here you get interest on your deposit amount at undiscounted rates at the end of every quarter.

Reinvestment Deposit

Universally, this is the most popular deposit scheme in which your money earns the maximum interest since it gets compounded everymonth.

SMCB 1.5

The amount of deposit gets multiplied by 1.5 in this scheme.  Latest rate of interest and the number of days can be ascertained here.  

SMCB Double

The amount of deposit becomes double or more under this scheme.  latest rate of interest and the number of days as applicable today may please be ascertained here.