Scheme

Fixed Deposit

A Fixed Deposit is a reliable long-term investment option where you deposit a lump sum amount for a minimum period of 1 year and earn assured, stable returns. It is suitable for customers planning long-term financial goals without market risk.

Why Choose Fixed Deposits with GK?

Flexible Investment Periods – Start investing from as short as 31 days
Low Minimum Deposit – Begin with just ₹20,000
Safe & Assured Returns – No market risk
Senior Citizen Benefits – Additional 0.50% interest per annum
Higher Interest Rates – Better returns than many banks & NBFCs
Multiple Options – Short-Term Fixed Deposit & Fixed Deposit available.

Interest Rate: Regular: 10% to 11%; Senior citizens: 10.5% to 11.5%

Minimum Deposit: Minimum deposit of ₹20,000

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Key features

Eligibility: Open to everyone - individuals, minors (through a guardian), and senior citizens.
Tenure starts from 1 year (365 days).
Minimum deposit amount: ₹20,000.
Loan against deposit: This facility is available with respect to the terms and conditions.

Need assistance?

Our team can help you choose the right scheme and explain returns, tenure, and eligibility.

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Interest Rate Summary

Deposit Type	Tenure	Regular Interest	Senior Citizen Interest
Short-Term FD	31-180 days	6.5%	7.0%
Short-Term FD	181-364 days	8.0%	8.5%
Fixed Deposit	1-2 years	10%	10.5%
Fixed Deposit	3 years & above	10.5%	11.5%

FAQs

Do senior citizens get special interest rates?

Yes. Senior citizens receive higher interest rates compared to regular customers.

Does a longer tenure offer higher interest?

Yes. Longer tenures generally provide better interest rates.

What is a lock-in period?

It is the minimum period during which withdrawals are restricted. Early withdrawals may attract penalties or reduced interest.

Are documents required to open a deposit?

Yes. Basic KYC documents are required, and our team will assist you throughout the process.

Visit your nearest branch of Godavari Krishna Co-Operative Society