Interest Rate

Rates of Interest Applicable on Fixed Deposits
With Effect From 17-12-2018

Period Revised Public w.e.f 17-12-2018 Revised senior Citizens w.e.f. 17-12-2018
7 to 45 Days 5.50% 6.00%
46 to 179 Days 6.50% 7.00%
180 to 210 Days 6.75% 7.25%
211 Days to less than 1 Year 7.00% 7.50%
1 year to 455 Days 8.10% 8.60%
456 to less than 2 Years 8.10% 8.60%
2 years to less than 3 years 8.40% 8.90%
3 years to less than  5 years 8.50% 9.00%
5 years to up to 10 years 8.60% 9.10%

Daily Deposit :-

(i) For 12 months 2.00%
(ii) For 36 months 4.00%

Savings Deposit:- 4.00%

Recurring Deposit:-

Period Revised Public w.e.f 17-12-2018 Revised senior Citizens w.e.f. 17-12-2018
For 1 Year 8.10% 8.60%
For 2 Year 8.40% 8.90%
3 years to less than  5 years 8.50% 9.00%
For 5 Years to 10 Years 8.60% 9.10%

Note- 1% more interest will be given to Staff on all term Deposit accounts.


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