Term Deposit
New rate of Deposits scheme with effect from 01-07-2022.
| Rate of Interest on Deposit | General | Senior Citizen |
|---|---|---|
| Savings Deposits | 3.25 % | 3.25 % |
| Recurring Deposits (For 1 year) | 5.75 % | - |
| Recurring Deposits (For 2 year) | 6.00 % | - |
| Recurring Deposits (For 3 year) | 5.75 % | - |
| Fixed Deposits Interest Rate | General | Senior Citizen |
|---|---|---|
| (1) 7 Days to 45 Days | 3.50 % | - |
| (2) 46 Days to 180 Days | 3.90 % | - |
| (3) 181 Days to under 12 Month | 5.00 % | - |
| (4) For 12 Months and up to 24 Months | 5.75 % | 6.25 % |
| (5) Only for 24 Months | 6.00 % | 6.50 % |
| (6) Above 24 Months & up to 36 Months | 5.75 % | 6.25 % |
| For Senior Citizen age limit 60 years and above. | ||
| Senior Citizen Interest +0.50% in Fixed Deposit (From 12 Months & up to 36 Months) |
