Interest Rate-Deposit

Domestic Term Deposits

Period Interest Rate P.A.
w.e.f. - 15/05/2017


General Public, Regd. Co-op. Societies, Non Scheduled UCBs Senior Citizen
Up to 14 Days Nil Nil
15 Days to 90 Days 4.00 % 4.00 %
91 Days to 180 Days 4.00 % 4.00 %
181 Days to 365 Days 6.25 % 6.25 %
From 366 days (from13 months) To 16 months 7.25 % 7.75 %
From 17 Months to 60 Months 7.25 % 7.75 %
Above 60 months To 10 Years 7.00 % 7.50 %

Other Terms and Conditions:

• The maximum period of deposits will be 10 years.

• In case of premature withdrawal of Term deposit,the interest rate payable will be 1% less than the applicable rate for the period for which the said deposit remained with the Branch.

 

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