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Flexible Tenure
Choose from the flexible investment options starting from 12 to 60 months.
Flexible Payout Options
Depending on the financial goals, depositors can opt for either lump sum payments at maturity or periodic interest payouts.
Guaranteed Returns
Get steady and assured returns, irrespective of market fluctuations.
Benefits for Senior Citizens
Senior citizens get an additional 0.50%* p.a.
Higher Interest Rate
Grow your savings with high interest rates.
Special Interest Rates for Women
Women depositors get special rate of interest under Mahila Scheme.
Cumulative deposits offer higher interest rates and compound interest, providing the potential for greater returns. Fixed returns and a low-risk nature make it attractive for conservative investors to pursue financial goals.
Amplify savings with exponential growth. Unique features, including interest on interest to differentiate us from traditional investments. Trust Repco for secure, reliable and exceptional financial experiences.
Eligibility - All members
Pre-closure - Less than 1% from the applicable ROI for the run period
Period - Min 12 months and Max 60 months
Mode of operation Self / E or S / other modes
Interest Payment - On Maturity (Compounded Quarterly)
Loan on deposit available.
Experience the power of consistent growth as even small monthly investments can lead to substantial savings. Our guaranteed returns at maturity, combined with steady interest accumulation, make Repco the brand of choice for a secure and prosperous financial future.
Eligibility - All members
Interest payable - On maturity (Compounded Quarterly)
Period - Min 1 Year and Max 5 Years
Pre-closure - Less 1% from the applicable ROI for the run period
Option - Growth (Cumulative quarterly)
Penalty on late payment : Charges -Rs.2/-per 100
Experience the ultimate flexibility in monthly savings with Repco's Flexible Recurring Deposit Scheme. Make multiple remittances, enjoy daily interest calculation and quarterly credits. Trust our reputable brand for secure and convenient savings options that empower your financial goals.
Eligibility - Individuals only
Maximum remittance - Ten times the core amount or Rs. 50000 per month whichever is lower payable in one or more installments in a month. Each installment shall not be less than the core amount.
Period - 12 to 60 Months
Penalty - Levied for core amount or shortfall in core amount.
Core amount - The member customer must decide the core amount of deposit per month Min Rs.1,000/- and Max Rs.5,000/-
Pre-closure Charges - Less than 1% from the applicable ROI for the period special features
Less than the core amount will not be accepted either in one lot or lots
Loan on deposit available.
With the aim of empowering women and addressing gender disparity, Repco takes pride in offering an exclusive scheme for women depositors. As a socially responsible institution, we recognize the significance of women's financial independence. Choose Repco for a brand that supports and empowers women, providing special opportunities tailored to their needs.
Eligibility - Individual female members only
Pre-closure Charges - Less 1% from the applicable ROI for the period special features
Period - 18 Months
Mode of operation Self / E or S / Other Modes
Option - Growth
First Depositor shall be female
Interest payable - On Maturity (Compounded quarterly)
Loan on deposit available.
Special Features - Irrespective of age, 1 day to more than 100 years get same special rate being female.
Non-cumulative deposits offer higher interest rates and compound interest, providing potential for greater returns. Fixed returns and a low-risk nature make it attractive for conservative investors to pursue financial goals..
Maximize your returns with Repco's high-yield investment plan. Experience higher interest rates and flexible payout options, whether monthly, quarterly, half-yearly, or annually. Invest wisely with Repco for a brighter future.
Eligibility - All members
Pre-closure - Less than 1% from the applicable ROI for the run period
Interest payment - Monthly discounted simple rate at monthly interest and simple rate at quarterly / half yearly / annual interest
Mode of operation Self / E or S / other modes
Monthly Interest Payable through SB / Cheque / NEFT
Loan on deposit available.
Elevate your golden years with Repco's special scheme for retired/ senior citizens. Enjoy monthly income from your deposit with uninterrupted interest payments. Trust Repco, the brand that values and supports retirees, providing financial security and a steady stream of income.
Eligibility - Senior citizen of 60 years (55 years for VRS, Defence service - 50 years)
Special Features - For other deposits, monthly interest is paid at discounted simple interest. In the MPS and Ooruni scheme, monthly interest is paid without discount as a gesture to Sr. citizens.
Period - 12 months to 60 months (For Ooruni), 24 months (For MPS)
Additional Features - Senior citizens aging 70 years or above can avail monthly interest up to Rs.1000/- at their residence/doorstep who resides within 10 kms radius from the branch subject to availability of such service.
Quantum of Deposit - 1 lakh to 10 lakhs (For MPS). Minimum of Rs.10,000/- (For Ooruni)
Pre-closure Charge - Less than 1% from the applicable ROI for the period.
Monthly interest to be credited to SBA A/c of the depositor via Cheque / NEFT.
Loan on deposit available.
Recognising the importance of women and to empower them, Repco offers a special scheme exclusively for women depositors.
Eligibility - Individual female members only (including minor)
Special Features - Irrespective of age, 1 day to more than 100 years get same special rate being female.
Period - 18 Months
Option - Growth (Cumulative quarterly)
Quarterly interest (Simple rate)
Pre-closure Charge - Less 1% from the applicable ROI for the period.
Interest payable at monthly rest (Discounted rate)
Monthly interest to be credited to SBA /c of the depositor / cheque / NEFT.
Calculate your deposit amount based on scheme, deposit period and average interest rate. We are making your calculations more transparent with an hassle-free experience.
Repatriates Cooperative Finance and Development Bank Ltd. (REPCO BANK) was registered on November 19, 1969, as a Cooperative Society under the relevant provisions of the Madras Cooperative Societies Act, 1961, with jurisdiction over the State of Tamil Nadu, Andhra Pradesh, Karnataka, Kerala and the Union Territory of Puducherry.
ADDRESS
Repco Towers, N0:33, North Usman Road ,T.Nagar, Chennai - 600017
Ph No - 044-28340715
Email - ho@repcobank.co.in
