Rate of Interest on Deposits effective from 16-12-2011
Sr.No.
Period
General Depositors
Senior Citizen
1
30-45 Days
4.50
5.00
2
46-90 Days
5.50
6.00
3
91-180 Days
6.50
7.00
4
181 Days - 1 Year
7.50
8.00
5
Above 1yr & upto 2 yrs
10.25
10.50
6
Above 2 yrs & upto 3 yrs
9.50
10.00
7
Above 3 Years & upto 5 Years
8.00
8.50
8
Above 5 Years & upto 10 Years
7.50
8.00
 
  • Deposits upto 1 Lac are insured with DICGC.

  • Interest @ 4% ( wef 03/5/2011 ) on Savings Bank deposit is paid half yearly on daily product basis.

  • No minimum balance limit & no cheque book charges for savings accounts of SENIOR CITIZENS

  • Nomination facility available for all deposit accounts and lockers.

  • For Bulk Deposits of 15 lac & above special interest rates.