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Deposits

LATEST INTEREST RATES ON TERM DEPOSITS

Revision of Interest Rates from 01.11.2017

Period                                                               Rate of Interest

15 days to 90 days                                                     6%

91 days to 180 days                                                   6.5%

181 days to 364 days                                                 7%

1 year & above but less than 2 years                         8%

2 years & above but less than 3 years                       9%

3 years and above but below 5 years                         8.5%  

5 years and above                                                      7.5%

0.5% additional interest ( for deposits of 1 year and above) for Senior Citizens, Regd, Societies, Educational Institutions and other Charitable Institutions.

 


Savings Bank Account

 4% for Individuals and Institutional Deposits.


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