RATE OF INTEREST ON DEPOSITS w.e.f. 01st October 2025
Period (Rate
of interest)
|
14 days to
45 days |
3.00% |
|
|
46 days to
90 days |
3.50% |
|
|
91 days to 180
days |
4.50% |
|
|
181 days
& above but less than 1 year |
5.50% |
|
|
1 year
to less than 2 year |
7.00% |
|
|
2 year
to less than 3 year |
6.75% |
|
|
3 years and above
|
6.50% |
|
|
On bulk Fixed Deposits of Rs.15 Lakh and above for a period of 444 days.
|
7.15% |
|
|
S.B.
deposits (On daily balance ) |
3.00% |
|
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For Senior Citizens on Term Deposits |
0.50% extra (on one year and above period) |
|
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* No penalty on pre-mature encashment, interest shall be paid at rate applicable for the period deposit has run.
* Interest on Saving deposits shall be calculated and credited on 30th June, 30th September, 31st December and 31st March every year. * Interest is compounded on quarterly basis.
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