| Saving Product | Interest Type | Payable Frequency |
|---|---|---|
| Saving Bank Account | Compounded | Quarterly |
| Fixed Deposit | Simple | Monthly/Quarterly/Half Yearly/On Maturity |
| Term Deposit | Compounded | Monthly/Quarterly/Half Yearly/On Maturity |
| Recurring Deposit | Compounded | Monthly |
In case of Fixed Deposit Schemes, the customer has the option to withdraw the Interest Amount as per the agreed frequency. In case of Term Deposit & Recurring Deposit Schemes the Total Matured Amount will be payable on maturity only with a option to discontinue the Deposit subject to penal clauses.
Interest Rates on Deposits w.e.f. 24.05.2025
| Deposit Scheme | Public(%) | Societies(%) | Sr.Citizen(%) |
|---|---|---|---|
| Saving Bank Account | 3.00 | 3.00 | 3.00 |
| Term/Fixed Deposits | |||
| 7 days to 14 days | 3.50 | 3.50 | 3.50 |
| 15 days to 45 days | 4.00 | 4.00 | 4.00 |
| 46 days to 90 days | 5.00 | 5.00 | 5.00 |
| 91 days to 364 days | 6.25 | 6.25 | 6.25 |
| 1 year to less than 2 years(365 days to 729 days) | 6.70 | 6.70 | 7.20 |
| 2 year to less than 3 years(730 days to 1094 days) | 6.50 | 6.50 | 7.00 |
| 3 year to less than 5 years(1095 days to 1824 days) | 6.25 | 6.25 | 6.75 |
| 5 year to less than 10 years(1825 days to 3650 days) | 6.25 | 6.25 | 6.75 |
| Recurring Deposit | |||
| 1 year to less than 2 years | 6.80 | 6.80 | 7.30 |
| 2 year to less than 3 years | 6.50 | 6.50 | 7.00 |
| 3 year to less than 5 years | 6.25 | 6.25 | 6.75 |
| 5 year to less than 10 years | 6.25 | 6.25 | 6.75 |
The rate of interest on Term Deposit of Super Senior Citizens(attained the age of 80 years and above) for all the tenures of 1 year and above will be 0.30% above the applicable rate of interest to Senior Citizens.
“Mahila Samridhi Saavdhi Yojna” to Women Depositors
Tenure : 400 Days
Rate of Interest : @6.80%
Validity of scheme : upto 30.06.2025
ABHINANDAN – Deposit Scheme(NON Callable )
Tenure : 444 Days
Rate of Interest : @7.50%
Validity of scheme : upto 30.09.2025
The Minimum deposit for this scheme is Rs. 25.00 Lacs
