Term Deposit
New rate of Deposits scheme with effect from 01-09-2020.
| Rate of Interest on Deposit | General | Senior Citizen |
|---|---|---|
| Savings Deposits | 3.50 % | 3.50 % |
| Recurring Deposits (12 Months) | 5.75 % | - |
| Recurring Deposits (24 Months) | 6.00 % | - |
| Recurring Deposits (36 Months) | 5.75 % | - |
| Fixed Deposits Interest Rate | General | Senior Citizen |
|---|---|---|
| (1) 7 Days to 45 Days | 3.50 % | - |
| (2) 46 Days to 180 Days | 4.00 % | - |
| (3) 181 Days to under 12 Month | 5.25 % | 5.75 % |
| (4) 12 Month and under 24 Month | 5.75 % | 6.25 % |
| (5) Only For 24 Month | 6.00 % | 6.50 % |
| (6) Above 2 Year & Up to 3 Year | 5.75 % | 6.25 % |
| For Senior Citizen Age Limit Above 60 Years. | ||
| Senior Citizen Interest +0.50% in Fixed Deposit (Only from 181 days and upto 36 Month.) |
