Interest Rate Term Deposits
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Interest Rate Structure effective from 1st May, 2021
| No. | Deposit Period. | General | Senior Citizen& Their organisation | Super Senior Citizen ( above 80 years) |
Bulk Deposit |
1 |
7 Days to 30 Days | 3.00% | 3.00% | 3.00% | 3.00% |
| 2 |
31 Days to 45 Days | 3.50 % | 3.50 % | 3.50 % | 3.50 % |
| 3 |
46 Days to 90 Days | 4.00 % | 4.00 % | 4.00 % | 4.00 % |
| 4 |
91 Days to 180 Days | 4.50% | 4.75% | 4.75 % | 4.75% |
| 5 |
181 days & upto 12 months | 5.00 % | 5.25 % | 5.25 % | 5.25 % |
| 6 |
13 months & upto 24 months | 5.50% | 5.75% | 5.75% | 5.75% |
| 7 |
25 months & upto 36 months | 5.25 % | 5.50 % | 5.50 % | 5.50 % |
| 8 |
37 months & upto 60 months | 5.00% | 5.25% | 5.25% | 5.25% |
| 9 |
61 months & upto 120 months | 5.00 % | 5.25% | 5.25% | 5.25% |
- 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