Deposit Interest Rates
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Deposit Interest Rates
Rate of Interest Effective Date : 22-December-2023
Deposit Period |
General |
7 Days to 45 Days |
3.50 % |
46 Days to 90 Days |
4.00 % |
91 Days to 180 Days |
4.75 % |
181 Days to up to 12 Months |
6.00 % |
Above 12 Months and up to 18 Months |
6.25 % |
Above 18 Months and up to 36 Months |
6.75 % |
Above 36 Months and up to 60 Months |
7.25 % |
Monthsly Income Scheme
Deposit Period |
General |
Monthsly Income on Investment of Rs. 100000/- |
Above 12 Months and up to 18 Months |
6.25 % |
518/- |
Above 18 Months and up to 36 Months |
6.75 % |
559/- |
Above 36 Months and up to 60 Months |
7.25 % |
601/- |
Cash Certificate Scheme
Amount (In Rs.) |
Period |
Rate |
Maturity Value (In Rs.) |
1000 |
12 Months |
6.00% |
1062 |
1000 |
18 Months |
6.25% |
1098 |
1000 |
36 Months |
6.75% |
1223 |
1000 |
60 Months |
7.25% |
1433 |
Recurring Deposits Scheme
Monthsly Installment |
12 Months ( 6.00%) |
18 Months ( 6.25%) |
36 Months ( 6.75%) |
60 Months ( 7.25%) |
Rs. 1000 |
12395/- |
18913/- |
39981/- |
72411/- |
All Senior Citizens will be paid 0.5% additional interest on deposits for a period above one year. Bank Staff Members (including retired & retired citizen staff) will also be paid an additional interest of 0.5% on deposits
Note : Avail additional interest 0.5% on bulk deposit of 25 lacs and above.