Interest Rate-Deposit
|
Domestic Term Deposits
| Period | Interest Rate P.A.
w.e.f. - 06.09.2024
|
|
| General Public, Regd. Co-op. Societies, Non Scheduled UCBs | Senior Citizen | |
| Up to 14 Days | Nil | Nil |
| 15 Days to 45 Days | 2.50 % | 2.50 % |
| 46 Days to 90 Days | 4.00 % | 4.00 % |
| 91 Days to 180 Days | 5.00 % | 5.00% |
| 181 Days to 300 Days | 6.00 % | 6.00 % |
| 301 Days to upto 1 year | 7.00 % | 7.00 % |
|
Above 1 year To 15 months |
7.30 % | 7.65% |
|
Above 15 months To 2 years |
7.00 % | 7.35% |
|
Above 2 year To 3 years |
6.50 % | 6.85% |
|
Above 3 years To 5 years |
6.00% | 6.35% |
| Above 5 years to 10 years | 5.35% | 5.70% |
|
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. |
||
| PERIOD |
GEN.PUBLIC, REGD.CO.OP SOCIETIES/ NON SCHEDULED UCBs |
SENIOR CITIZENS |
|
Bulk Deposits (Rs. 1.00 Cr and above)
Bank as a Whole(13 months to 24 months)
|
Bulk deposit can be accepted in any slabs above at card rate; bulk deposit is single deposit of Rs. 1cr & above. |
N.A.
|
|
Shubhamkar Deposit (Tax Saving) Qtrly Cumu. Max.Upto- Rs.1.50 Lakh Per F.Y. For 60 Months |
6.25% (Quarterly Payout only) | 6.60% (Quarterly Payout only) |