Interest Rate Structure effective from 01/05/2024
| No. |
Deposit Period. |
General |
Senior Citizen, Their organisation, Super Senior Citizen & Bulk Deposit |
Club, institutional, Registered Sahakari Sanstha, Patsanstha, trust, Senior Citizen organisation, Bulk Deposit (Legal Entity) |
| 1 |
7 Days to 30 Days |
4.00% |
4.25% |
4.25% |
| 2 |
31 Days to 45 Days |
4.00% |
4.25% |
4.25% |
| 3 |
46 Days to 90 Days |
4.00% |
4.25% |
4.25% |
| 4 |
91 Days to 180 Days |
5.00% |
5.25% |
5.25% |
| 5 |
181 days & upto 12 months |
5.50% |
5.75% |
5.75% |
| 6 |
13 months & upto 24 months |
7.25% |
7.50% (Cumulative) |
7.50% (Cumulative) |
| 7.75% (MID/QID) |
7.75% (MID/QID) |
| 7 |
25 months & upto 36 months |
6.75% |
7.00% |
7.00% |
| 9 |
37 months & upto 50 months |
6.50% |
6.75% |
6.75% |
| 8 |
51 months & upto 120 months |
6.25% |
6.50% |
6.50% |
- Combination of Months and Days will not be accepted & TDS will be calculated Bank as whole considering Recurring deposit and shareholders also.
- Bulk depost ROI applicabal for Rs. 15 Lakh Or above amount FDR.
- Deposits upto 5 Lac are insured with DICGC.
- Saving Interest rate wef 01/09/2017 and will be paid as per slab fixed on average balance method. For average balance of Rs 3 lakh interest rate will be 3 % and for more than 3 lakh interest will be paid at 3.50 %.
- No min balance limit & no cheque book charges for Senior Citizen