Interest Rates

Interest Rates on Deposits w.e.f. 01.01.2017


Deposit Scheme Public(%) Societies(%) Sr.Citizen(%)
Saving Bank Account 4% 4% 4%
Term/Fixed Deposits
7 days to 14 days 4.50 4.50 4.50
15 days to 45 days 5.00 5.00 5.00
46 days to 90 days 6.00 6.00 6.00
91 days to 364 days 6.50 6.50 6.50
1 year to less than 2 years(365 days to 729 days) 6.50 7.00 7.00
3 years(730 days to 1094 days) 6.45 6.95 6.95
5 years(1095 days to 1824 days) 6.00 7.00 6.50
10 years(1825 days to 3650 days) 6.00 7.00 6.50
Recurring Deposit
1 year to less than 2 years 6.50 7.00 7.00
3 years 6.45 6.95 6.95
5 years 6.00 7.00 6.50
10 years 6.00 7.00 6.50