DEPOSIT SCHEMES

CentMP Super Deposit Scheme:

Amount of deposit Period of deposit Rate of Interest

Min Amount:Rs.1000 Max Amount:Rs.1 crore

555 days The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates

Additional Interest

(1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Quarterly

Compounding of Interest Premature Payment

Payment before maturity of the deposit is available subject to Banks rules in this regard Loan /Overdraft against deposit is available as per Banks rules

Loan/Overdraft

CentMP Double Deposit

Amount of deposit Period of deposit

Scheme

Min Amount:Rs.5000 Max Amount: Rs.1 crore Your deposits double in 93 months.For Senior Citizens who are above 60 years of age ,deposits double in 90 months.For Staff of the Bank deposits double in 84 months.For Ex-Staff of the bank who are above 60 years of age , deposits double in 81 months The rate prevailing on the date of deposit is applicable and doubling period will change accordingly.Please click the Deposit Interest Rates link for prevailing rates Quarterly

Rate of Interest

Compounding of Interest

Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

CentMP Special Deposit Scheme:

Amount of deposit Period of deposit Rate of Interest Min Amount:Rs.1000 Max Amount:Rs.1 crore 300 days The rate prevailing on the date of deposit is applicable .Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Compounding of No compounding.Only Simple Rate of Interest

Additional Interest

Interest Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

CentMP Lakhpathi Recurring Deposit Scheme:

Amount of deposit Period of deposit Rate of Interest Rs.1350/- Per Month 60 months The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Quarterly

Additional Interest

Compounding of Interest

Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

CentMP Tax Savings Scheme: (Tax benefits under Sec 80 C of IT Act,1961 )

Amount of deposit Period of deposit Rate of Interest Min Amount:Rs.1000 Max Amount:Rs.1 Lakh 5 years The rate prevailing on the date of deposit is applicable .Please click the Deposit Interest Rates link for prevailing rates

Additional Interest

(1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % Quarterly

Compounding of Interest

Premature Payment Not permitted Loan/Overdraft Loan /Overdraft against deposit is Not available

CentMP Money Multiplier Deposit Certificate(MMDC):

Amount of deposit Period of deposit Rate of Interest Min:Rs.100 Max:Any amount Min: 6months Max: 120 months The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Compounding of Interest Quarterly

Additional Interest

Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

CentMP Quarterly Interest Deposit Receipt(QIDR):

Amount of deposit Period of deposit Rate of Interest Min:Rs.1000 Max:Any amount Min: 6months Max: 120 months The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

Additional Interest

CentMP Monthly Income Deposit Receipt(MIDR):

Amount of deposit Period of deposit Rate of Interest Min:Rs.1000 Max:Any amount Min: 6months Max: 120 months The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

Additional Interest

CentMP Recurring Deposit Scheme(RDS):

Amount of deposit Period of deposit Rate of Interest Min:Rs.100 Max:Any amount Min: 6months Max: 120 months The rate prevailing on the date of deposit is applicable.Please click the Deposit Interest Rates link for prevailing rates (1)Senior Citizens who are above 60 years of age are eligible for additional interest @ 0.50 % (2) Staff members of the bank are eligible for additional interest @1.00 % (3) Ex-staff of the bank who are above 60 years of age are eligible for additional interest @1.50% Compounding of Interest Quarterly

Additional Interest

Premature Payment Payment before maturity of the deposit is available subject to Banks rules in this regard Loan/Overdraft Loan /Overdraft against deposit is available as per Banks rules

CentMP Basic Savings Account(BSA)

Any person of twelve years of age can open this account individually or joint with another person/s. Account can be opened in the name of minor with natural guardian. Account shall not have the requirement of any minimum balance No service charges for non maintenance of the minimum balance. 50 (Fifty) withdrawals per year free of charge. Total credits in a year should not exceed Rs.1,00,000/- lac and balance in the account should not exceed Rs.50,000/- in all accounts taken together.

Nomination facility is available. For introduction simplified KYC procedure is applicable. Bank's existing client who has fulfilled full KYC norms can introduce the customer's identity and certify the address. Interest at Saving Bank rate i.e. @ 4.00% is allowed. Account can be opened in any Branch of Bank.

Rules for Payment of Interest on Overdue Deposits:

1.Renewal of matured term deposits shall be done as of the maturity date, provided the deposit receipt is presented for renewal within 14 days from the date of maturity(both days i.e. maturity date &date of presentation for renewal are inclusive) at interest rate prevailing as on the date of maturity for the period of renewal selected 2.If deposit receipts are presented for renewal after 14 days from the date of maturity, interest at the rate of MINIMUM of the following rates shall be payable for overdue deposits and the deposits with accrued interests shall be renewable from the date of presentation for renewal (a) The rate of interest applicable for the overdue period as on the maturity date of the deposit (b) The rate of interest applicable for the overdue period as on the date of presentation of deposit receipt for renewal ( c) The rate of interest payable on the renewed deposit receipt 3. If the term deposit is not renewed for further period , NO INTEREST is payable for the overdue period.

Rules for Pre-Mature Withdrawal of Term Deposits:

1.Pre-Mature withdrawal of term deposits may be allowed at the discretion of the Bank. 2.No penal interest for pre mature withdrawal of term deposits upto Rs.2 lakhs. Interest Rate as applicable on the date of deposit for the actual period the deposit remained with the bank is payable. 3. Penal interest at the rate of 1% will be charged on premature withdrawal of time deposit of above Rs.2 lakhs. 4.No penalty will be levied on premature withdrawal of deposits ,provided the deposits are renewed for a longer period than remaining period of the original contract. 5.No premature withdrawal is permissible for large value deposit of Rupees One Crore and above .