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Home You are here : path  Products path Personal path Interest Rates

Image Interest Rates - Deposit

Domestic /NRO Term Deposits:

Interest Rates effective from 09.04.2022

Period

Interest Rate (Rates in % per annum)

<Rs. 2 Cr

7–14 Days

3.00

15 –30 Days

3.00

31-45 Days

3.00

46 -90 Days

3.50

91–120 Days

3.75

121-180 Days

4.30

181 Days to < 1 Year

4.40

1 Year

5.00

>1 Year to 2 Years

5.10

>2 Years to 3 Years

5.30

>3 Years to 3 Years 14 Days

5.40

1111 Days

5.50

> 3 Years 15 Days to 5 Years

5.40

>5 Years to 10 Years

5.50

  • Interest rates are subject to change. Hence depositor will ascertain the rates as on the date of placement from the website.
  • Aggregate value of deposits placed by a depositor on the day irrespective of the tenor of deposit will be taken for deciding applicable interest.
  • For interest rates for deposits of Rs. 2 Crores and above, please contact our nearest Branch.
 

Saving Bank Deposits:

Saving Bank Deposits rates w.e.f 01.10.2021

Upto Rs.25.00 Lakhs

2.90 % per annum

Above Rs.25.00 Lakhs

 

Interest is calculated on daily product basis and is credited on quarterly basis in the months of April, July, October and January every year.