Deposits Interest Rates

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Term Deposit Interest Rates W.E.F. 01/12/2024

 

 

Sr. No

Period

General

Senior Citizen

1 7 Days to 29 Days                                                   4.25 % 4.25%                                                    
2 30 Days to 90 Days 4.75 % 4.75 %
3 91 Days to 180 Days 6.25 % 6.25 %
4 175 Days 7.25 % 7.75 %
5 181 Days to 364 Days 6.75 % 6.75 %
6 12 Months to 23 Months  7.85 % 8.10 %
7 24 Months to 35 Months 7.90 % 8.15 %
8 36 Months 8.00 % 8.25 %
9 Above 36 Months to 72 Months 7.25 % 7.75 %
10 Saving Bank Interest 4.00 % 4.00 %

NRO/NRE Term Deposit Interest

12 Months to 36 Months              7.75%

Above 36 Months to 60 Months  7.25%

Saving Bank Interest                    4.00%

 

New Schemes in Term Deposit

Double Deposit Scheme @ 7.00% for 10 Years

Single Deposit of Rs. 15.00 Lakhs & Above @8.25%to all (for the period of 12-36 Months)

Membership of the Bank @RS 10.00 Lakhs & above's FD.

 

Note:- Premature Penalty will not be applicable for Better Rate or 15.00 Lakhs & Above single Term Deposit, Actual Period Rate will be considered.