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.
