Below are the account opening requirements for PDCC Bank and interest rates charged:


  • The main purpose of fixed deposit account is to enable the individuals to earn a higher rate of interest on their surplus funds (extra money).
  • The depositor is given a fixed deposit receipt, which depositor has to produce at the time of maturity. The deposit can be renewed for a further period.
  • Safe custody of your fixed deposit receipts.
  • Loan facility is available on principal and accrued interest
  • Interest on deposits is payable either quarterly or compounded quarterly (i.e., re-investment of interest) or monthly at a discounted value at the option of the depositor

Documents Required

  • Application form (Download from Above)
  • Proof of Identity: PAN Card, Voter Id Card, Passport, Driving License
  • Proof of Address: Latest Telephone Bill or Electricity Bill
  • Recent Colour Photograph(3 Nos.)
  • PAN or Form 60/61 if applied for PAN

Terms And Conditions

  • The rates are subject to change from time to time
  • To qualify for a Fixed Deposit Account, you must be aged 18 or over and Nationality should be Indian
  • The rates auto populated are for Resident deposits < 1Cr.

Interest Rates

Sr.No Tenure Period Rate Of Interest (% p.a.) w.e.f. 24-07-2023
1 7 days to 14 days
(single deposit of Rs 15 lakh and above.)
2 15 days to 29 days 4.00%
3 30 days to 45 days 4.00%
4 46 days to 90 days 4.25%
5 91 days to 180 days 5.10%
6 181 days to less than 1 year 6.05%
7 1 year to less than 2 years 7.10
8 2 year to less than 3 years 7.35%
9 3 years and above 7.35%
(Additional 0.50% interest rate will be given to senior citizens for 1 year and above)

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February 26, 2024

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