Deposits

Rate of interest on deposits with effect from 15th Jun  2022

Fixed Deposits Rate of interest
15-45 Days 3.50%
46-180 Days 4.50%
181 days-below 1 Yrs 5.40%
1 Year , Above  and Below 5 Years  6.35%
5 Year, Above and Below 10 Years 6.85%
1 Crore and Above Single Ticket 7.00%
Prime Max for  211 days 7.00%*
Prime Max+  for  501 days 8.00%*

Flexi Recurring scheme

27 months to 120 months Bank rate + 1%

 Savings Account

Savings Account 3.50%

 

Note :

  1. Extra interest of 0.50% on deposit from senior citizen or their association.
         Prime Max & Prime Max Note :
  1. Rates on Fixed Deposits are applicable on new FDs received / Renewal FDs during the scheme period.
  2. No Extra interest benefit to Staff / Senior Citizen.
  3. FD Interest is simple interest will not compound monthly or quarterly or half yearly or yearly.
  4. Payout of Interest is must.