Deposit Interest Rates

With Effective From : 13th February, 2017
Savings Deposits 4.00%
Deposit Period Interest Rate
31 days to 90 days 5.00%
91 days to 180 days  6.00%
181 days to less than 1 year 6.50%
1 year to less than 3 years 7.00%
3 years to less than 5 years 7.25%
5 years to less than 10 years  7.00%

 

  • Depositers with age of 60 years & above (Senior Citizen) are entitled to 1.00% more Interest for the term deposit of 1 year & above on fresh/renewal of deposits.

  • 0.50% more interest on Single Term Deposit or Multiple Deposits with same opening date and same period of Rs.15lakhs and above but below Rs.50lakhs for the period more than 1 year.

  • 0.75% more interest on Single Term Deposit or Multiple Deposits with same opening date and same period of above Rs.50lakhs for the period more than 1 year. No Interest on Current Deposits.