Deposits

Rate of interest on deposits with effect from 9th Oct  2023

Fixed Deposits Interest Rates Normal Interest Rates for Senior Citizen
15 to 90 Days 5.00% 6.00%
91 Days to up to 1 year 6.00% 7.00%
1 year to 3 years 8.00% 8.25%
3 years to 5 years 7.00% 8.00%
5 years to below 10 years 6.75% 7.75%
Ram Setu Deposit

8.25% (431 Days above 25 lacs)*

8.15% (431 Days below & Equal 25 lacs)*

8.25% (431 Days above 25 lacs)*

8.15% (431 Days below 25 lacs)*


Note :

  1. 0.25% Extra Interest on Single Ticket Fix Deposit of 1 crore and above.
  2. Senior Citizen staff/ex-staff can claim only one benefit at a time between staff rate and Senior Citizen rate.
  3. Senior Citizen can claim only one benefit at a time between Senior Citizen Rate or Bulk Rate.
  4. All above schemes have compound option and pay out of interest option.
  5. *Deposit is non-collable( no premature is allowed). No compound benefit will be given.