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 |