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The Railway Employee's Co-Operative Bank Limited offers secure Fixed Deposit schemes tailored primarily for its members and railway employee shareholders.

Key Features

  • Eligibility: Primarily open to members, shareholders, and associated railway personnel.
  • Flexible Tenures: Ranging from short-term blocks (7 days) to long-term deposits (5+ years).
  • Payout Options: Cumulative (interest paid at maturity) or non-cumulative (periodic interest payouts like monthly/quarterly) depending on the chosen scheme.
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