Rate Of Interest On Deposits w.e.f 08.01.2024
| Sr.No. | Type of Deposit/Period | Upto 50.00 lacs(for individuals only) | Above 50.00 lacs to 1.00 Crores | 1.00 Crores and above |
|---|---|---|---|---|
| 1. | Saving Bank A/C | 3.00 | 3.00 | 3.00 |
| 2. | Saving Bank P/F | 7.10 | 7.10 | 7.10 |
| 3. | Term Deposits | |||
| i) | 7-14 days | 3.50 | 3.50 | 3.50 |
| ii) | 15 days to 30 days | 4.00 | 4.00 | 4.00 |
| iii) | 31 days to 45 days | 4.30 | 4.50 | 4.50 |
| iv) | 46 days to 90 days | 5.00 | 5.25 | 5.50 |
| iv) | 91 days to 179 days | 5.25 | 5.50 | 5.75 |
| v) | 180 days to 1 year | 6.75 | 7.00 | 7.25 |
| vi) | 1 year to 2 years | 7.50 | 7.75 | 7.95 |
| vii) | 2 years to 3 years | 7.50 | 7.75 | 7.95 |
| viii) | 3 years to 5 years | 7.25 | 7.50 | 7.95 |
| viii) | Above 5 years | 7.25 | 7.75 | 8.00 |
| * 0.50% additional rate of interest is allowed to the senior citizens on term Deposits. | ||||