Interest Rates

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Interest Rate

REVISED INTEREST RATES ON TERM DEPOSITS W.E.F 11.10.2019
Maturity Period Revised Interest Rates % p.a. w.e.f 11.10.2019
7 days to 30 days 4.75 %
31 days to 45 days 5.10 %
46 days to 90 days 5.50 %
91 days to 180 days 5.30%
181 days to 270 days 5.70 %
271 days to less than 1 year 6.00%
1 years to less than 2 years 6.25%
2 years to less than 3 years 6.25%
3 years to less than 5 years 6.25%
5 years to 10 years 6.00 %
  • Revised rates shall be applicable on tax saver scheme also.
  • The revised interest shall apply to Fresh and on Renewal of existing Deposits from effective date.
  • Additional interest rate of 0.50% P.A to senior citizens shall be allowed across all maturities.
  • Domestic Term Deposit of serving Staff Members shall continue to earn addition interest rate of 1% across all maturities.
  • Retired Staff Members over 60 Years of age shall continue to earn an additional 1.50% across all maturities.