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Sutex Bank FD Rates

Home Fixed Deposit Sutex Bank FD Rates

Sutex Co-operative Bank Ltd, formerly known as Surat Textile Traders Co-operative Bank Ltd, offers FD rates of 4.50-8.50% p.a. to the general public and senior citizens on tenures ranging from 15 days to 10 years.

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Book FDs at Interest Rates of up to 8.00% p.a.

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  • Manage all FDs in one place

  • No Bank A/c Required

  • Investments of up to Rs. 5L insured by DICGC

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Updated: 28-09-2025 07:38:32 AM
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Highlights for Sutex Bank Fixed Deposit

Highest slab rate 8.50% p.a. (For 12 Months (52 Weeks) Special Scheme)
For 1 year 5.00% p.a.
For 2 years 6.00% p.a.
For 3 years 6.25% p.a.
For 4 years 6.50% p.a.
For 5 years 6.50% p.a.

The interest rates are updated as of 26 August 2025

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Sutex Bank FD Interest Rates

Sutex Bank FD Rates w.e.f. 24 May 2024

Tenure Interest Rates (% p.a.)
Non Senior Citizens Senior Citizens
15 days to 180 days 4.50 4.50
181 days to 1 year 5.00 5.00
Above 1 year to 2 years 6.00 6.50
Above 2 year to 3 years 6.25 6.75
Above 3 year to 5 years 6.50 7.00
Above 5 year to 10 years 6.00 6.50
520 Days Special Scheme Quarterly Payout & Cumulative Available* 8.25
12 Months (52 Weeks) Special Scheme* 8.50
52 Months Special Scheme Quarterly Payout & Cumulative Int. Available* 8.00

Note: The bank offers additional 0.10% p.a. interest rates on deposits of Rs 15 lakhs to less than Rs 50 lakhs and 0.25% p.a. additional interest rates on deposits of Rs 50 lakhs and above.

*No additional FD rates shall be offered on these special schemes.

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Types of Sutex Bank FD Schemes

Monthly Income Scheme (MIP – Discounted Rate)

  • In this scheme, the interest is paid on monthly basis at a discounted rate
  • Monthly income scheme is ideal for pensioner, retired individuals, senior citizens who requires fixed monthly income to meet daily expenses

Also Check: Monthly FD Interest Calculator

Fixed Deposit Reinvestment/Double Schemes

  • In this scheme, the interest component is re-invested to the deposit amount and thereby, helps in deriving the power of compounding
  • The interest is compounded on a quarterly basis

Also Check: FD Interest Rates 2023

Short Term Auto Renewal Schemes

  • This scheme is for short duration i.e. 45 days
  • Auto renewal facility is available

 

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