Email: utcbho@yahoo.co.in
Phone No: 0820 2521143
IFSC Code - UTIB0STCOBL
   
 

News and Events

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Services

  • Evening Counter Facility.
  • Higher Rate of Interest on Deposits.
  • Various Attractive Deposit Schemes.
  • Safe Deposit Lockers facility.

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Contact Us

Teachers’ Co-operative Bank LTD
Head Office: 4th Floor,
Baliga Towers, Near Bus Stand,
Udupi-576101.
Karnataka, India.
Phone No: 0820 - 2521143

 

Rate of Interest

Rate of Interest on Deposit Scheme

Sl No.

Period

Rate of Int.  Percentage

Customers

Co-op.Societes/ Firms

Senior Citizen

1

30 days to 90 days

4.50

4.50

5.00

2

91 days to 180 days

5.50

5.50

6.00

3

181 days to 364 days

6.75

6.75

7.25

4

1  year to 2 year

7.50

7.50

8.00

5

Above 2 year up to 3 year

7.25

7.25

7.75

6

Above 3 year

7.00

7.00

7.50

Rate of Interest on Loan Scheme

Sl.No

Loans

Rate of Interest

1.

EMERGENCY LOAN

12.00%

2.

BILLS DISCOUNT LOAN

15.50%

3.

JEWEL LOAN

10.50%

4.

JEWEL LOAN E CLASS

11.00%

5.

NOMINAL MEMBER EMERGENCY LOAN

12.00%

6.

SURITY LOAN

12.00%

7.

NOMINAL MEMBER SURETY LOAN

12.00%

8.

N.S.C. LOAN

14.50%

9.

HOME APPLIANCES LOAN

14.50%

10.

DEPOSIT LOAN

2% ABOVE OF DEPOSIT RATE OF INT.

11.

HOUSING LOAN FOR TEACHER MEMBER,‘E’ CLASS MEMBER AND STAFF upto 20 lakh

Above 15 Lakh 8.75%

12.

HOUSING LOAN FOR TEACHER MEMBER,‘E’ CLASS MEMBER AND STAFF upto 20 lakh

Upto 15 Lakh 8.25%

13.

N.S.C. LOAN   E- CLASS

14.50%

14.

LOAN FOUR NEW VEHICLE TEACHER MEMBER,‘E’ CLASS MEMBER AND STAFF

8.75%

15

LOAN FOUR OLD VEHICLE TEACHER MEMBER,‘E’ CLASS MEMBER AND STAFF

9.25%

16.

LIFE INSURANCE POLICY LOAN

14.50%

17.

INDUSTRIAL ADVANCE LOAN

15.50%

18.

RENT ADVANCE LOAN

15.50%

19.

EMPLOYEE SURITY LOAN

12.00%

20.

EMPLOYEE EMERGENCY LOAN

12.00%

21.

CURRENT A/C O.D. LOAN

15.50%

22

MORTGAGE LOAN FOUR TEACHER MEMBER,‘E’ CLASS MEMBER AND STAFF

13%