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Grow Your Savings with
Industry-Leading Rates

Flexible deposit schemes designed to help you build wealth securely. Choose from Fixed, Recurring, Security, and specialized income schemes with competitive interest rates.

 Our Schemes

Available Deposit Schemes

📊

Fixed Deposit

8% - 10%

Secure returns on a fixed amount for a predetermined period. Perfect for conservative investors seeking guaranteed growth.

  • Guaranteed returns
  • Tenure: 1-10 years
  • Flexible payout
Learn More →
🔄

Recurring Deposit

7.5% - 9%

Save a fixed amount every month and earn attractive interest. Ideal for regular savers building discipline.

  • Monthly deposits
  • Tenure: 1-10 years
  • Regular growth
Learn More →
🔐

Security Deposit

6.5% - 8%

Secure collateral for loans. Deposit money and get instant loan against it up to 90% of deposit value.

  • Instant loans available
  • 90% loan-to-value ratio
  • Flexible tenure
Learn More →

Interest Rates

Scheme Name1 Year3 Years5 Years7 Years10 Years
Fixed Deposit8.0%8.5%9.0%9.5%10.0%
Recurring Deposit7.5%8.0%8.5%8.75%9.0%
Security Deposit6.5%7.0%7.5%7.75%8.0%

Note: Rates are indicative and subject to change. Senior citizens and women depositors may get additional benefits. Interest is compounded quarterly.

Eligibility Criteria

General Requirements

Age: Minimum 18 years (21 for some schemes)

Indian Citizen: PAN, Aadhaar, or any government ID

Bank Account: Active savings or current account required

Minimum Deposit: ₹1,000 (varies by scheme)

How to Open a Deposit

1

Visit Our Branch

Come to any Pragathi branch with required documents

2

Fill Application

Complete the deposit application form

3

Submit Documents

Submit KYC documents and deposit amount

4

Receive Confirmation

Get your deposit certificate

Calculate Your Returns

Maturity Amount
₹1,57,355

Frequently Asked Questions

What is the minimum deposit amount?
The minimum deposit amount varies by scheme. Fixed Deposits require a minimum of ₹1,000, while Recurring Deposits can be as low as ₹500 per month.
How often is interest credited?
Interest is compounded quarterly (every 3 months) for most schemes. Monthly Income Scheme provides monthly payouts.
Can I withdraw before maturity?
Yes, premature withdrawal is allowed with certain conditions. You may receive reduced interest rates if you withdraw before the maturity date.
Are deposits insured/protected?
Yes, all deposits are protected under the DICGC scheme up to ₹5 lakhs per depositor per bank.

Ready to Grow Your Savings?

Start your savings journey with Pragathi today. Open a deposit account and enjoy competitive interest rates with complete safety.

Contact Us