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Rate of Interest on Deposits

The revised rate of interest on deposits (Fresh deposits) as under would be applicable with effect from 01.11.2023


Sl. No. Types of Deposits For the Period Interest Rate
1 Current Deposit 0.00%
2 Saving Deposit 3.25%
3 Term Deposit 7 to 14 Days 3.25%
15 to 45 Days 4.50%
46 to 60 Days 4.50%
61 to 90 Days 4.50%
91 to 120 Days 4.50%
121 to 180 Days 5.25%
181 to less than 1 Year 5.75%
1 year to less than 2 year 7.50%
2 year to less than 3 year 7.25%
3 year to less than 5 year 7.00%
5 year to 10 year 7.00%
*Senior Citizen will be allowed 0.50% more in all slabs*
In case of premature withdrawal of deposits, the interest will be 0.50% below the applicable rate of interest for the period of deposit remained with the Bank.

Fixed Deposit Interest Calculator

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