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      MSME Fixed Deposit

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      CUB offers Fixed and Cumulative deposit schemes helping MSMEs invest in deposits for a wide range of tenors.

      • Minimum amount of deposit - Rs.1000/- and multiples thereof
      • Open your deposits online
      • Bulk deposit of Rs. 1 Crore and above are accepted
      • Minimum period presently - 7 days Maximum period - 10 years
      • Simple interest payable on monthly / quarterly / half yearly / annual basis
      • In case of Cumulative deposits, interest shall be calculated and added to the principal at the end of every quarter
      • For senior citizens (60 Years +) additional interest rate applicable from 1st year
      • Pre-closure and Auto renewal options available
      • Loan / OD option available
      • TDS at prevalent Income tax rate is deducted
      • Documents required
      • Click here for Interest rate