Available In : English | मराठी

Fixed Deposit (FD) services at Galaxy Multistate Cooperative Society

Invest your money in a Fixed Deposit at Galaxy Multistate Co-operative Society, Phaltan and earn up to 10% interest per annum. Safe, MSCS registered, with flexible tenures starting from just 30 days.


Fixed Deposit Interest Rates - Phaltan

Tenure Interest Rate (% p.a.) Special Category Rate
15 Days to 30 Days 6.00% 6.00%
31 Days to 90 Days 6.75% 6.75%
91 Days to 6 Months 7.25% 7.25%
6 Months to 12 Months 8.00% 8.00%
366 Days (1 Year+1 Day) 9.50% 9.50%
366 Days — Senior Citizen / Women / Defence Personnel 9.75%
15 Months 10.00% 10.00%

Fixed Deposit Features

Minimum Deposit - ₹ 5,000 onwards
Tenure - 30 days to 2+ years, choose as per your need
Interest Rate - 7.75% to 10.00% p.a. based on tenure
Senior Citizen Benefit - Additional Interest rate
Monthly Income Option - Available for deposits of 2 years and above
Premature Withdrawal - Allowed 2% lower interest rate applied
Renewal - Receipt must be renewed within 3 days of maturity
MSCS Registered - Safe, regulated investment Reg. No. MSCS/CR/1641/2025

How to Start a Fixed Deposit in Phaltan

Step 1

Visit Galaxy Multistate Co-operative Society, Phaltan branch.

Step 2

Choose your deposit amount (minimum ₹ 5,000) and preferred tenure.

Step 3

Submit your PAN card, Aadhaar card, and 3 passport-size photographs.

Step 4

Receive your Fixed Deposit receipt on the same day.

Step 5

Your interest starts accumulating from day one.

Documents Required

PAN Card

Mandatory

Aadhaar Card

Identity + address proof

Photographs

3 passport-size photographs

Minimum Deposit

₹ 5,000


Fixed Deposit in Phaltan - Flexible Tenures for Every Goal

A Fixed Deposit at Galaxy Multistate Co-operative Society serves members across Phaltan, Lonand, Dahivadi, and the Akluj corridor who have a lump sum to invest and want predictable returns. Tenures range from as short as 15 days for temporary parking of funds, up to 15 months for the highest rate slab, giving members flexibility based on how soon they might need access to the money.

For members who want their FD interest paid out monthly rather than at maturity, Galaxy Multistate's Monthly Income Scheme operates on a similar lump-sum basis with a regular payout structure — useful for retirees and senior citizens seeking steady income. Senior citizens, women, and defence personnel qualify for a preferential 9.75% rate on the 366-day tenure. Unlike market-linked investments, a Fixed Deposit at Galaxy Multistate carries no market risk — the rate is fixed at the time of deposit and does not change for the chosen tenure, backed by the society's registration under the Multi-State Co-operative Societies Act (Reg. No. MSCS/CR/1641/2025).



Frequently Asked Questions (FAQ)

The highest rate is 10.00% per annum, available on the 15-month tenure.
A Fixed Deposit can be opened with a minimum of ₹5,000.
Yes. Senior citizens, women, and defence personnel get a preferential rate of 9.75% on the 366-day tenure.
Yes, premature withdrawal is allowed, but a 2% lower interest rate applies compared to the rate applicable for the tenure actually completed.
Fixed Deposit interest is paid at maturity. For a regular monthly payout from a lump sum, see our Monthly Income Scheme
PAN card, Aadhaar card, and 3 passport-size photographs.
Chat with us
Call
Top