Rate of Interest on Deposit

S.No Type of Deposit Rate of Interest (%)
1 Current Deposit NIL
2 Saving Account 2.30%
Term Deposit (Period Wise)
1 7 days to 14 days 3.60%
2 15 days to 45 days 3.60%
3 46 days to 60 days 4.80%
4 61 days to 180 days 4.80%
5 181 days to less than 1 year 6.10%
6 1 year to less than 2 years 7.00%
7 2 years to less than 3 years 7.10%
8 3 years to less than 5 years 7.00%
9 5 years and upto 8 years 7.00%
10 8 years and upto 10 years 7.00%
11 Senior citizens (upto 5 years) 0.50% extra
12 Senior citizens (for 5 years above) 0.80% extra