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% |
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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