Rate Of Interest On Deposits w.e.f 25.01.2018
Sr.No. | Type of Deposit/Period | Upto 50.00 lacs(for individuals only) | Above 50.00 lacs to 1.00 Crores | 1.00 Crores and above |
---|---|---|---|---|
1. | Savings | 4.00 | 4.00 | 4.00 |
2. | Term Deposits | |||
i) | 7-14 days | 4.00 | 4.00 | 4.00 |
ii) | 15 days to 45 days | 5.50 | 5.00 | 4.75 |
iii) | 46 days to 90 days | 6.00 | 5.50 | 5.25 |
iv) | 91 days to 179 days | 6.25 | 5.75 | 5.50 |
v) | 6 months but less than 1 year | 6.50 | 6.25 | 6.20 |
vi) | 1 year but less than 2 years | 6.75 | 6.60 | 6.63 |
vii) | 2 years but less than 3 years | 6.75 | 6.60 | 6.63 |
viii) | 3 years and above | 6.75 | 6.60 | 6.63 |
ix) | Call deposit at 15 days notice | 2.50 | 2.50 | 2.50 |
x) | Call deposit at 46 days notice | 3.50 | 3.50 | 3.50 |
xi) | Special Scheme (Flat rate) for 500 days |   |   |   |
3. | Saving bank P.F | 8.75 | 8.75 | 8.75 |
* 0.50% additional rate of interest is allowed to the senior citizens on term Deposits. |