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Deposit Interest Rates

With Effective From : 01-05-2023
Type of Deposit Rate of Interest(%) p.a. Rate of Interest Co-operative Societies
46 to 90 days 5.00% 5.00%
91 to 180 days 5.50% 5.50%
181 to 364 days 6.00% 6.00%
One Year to 2 years 7.25% 7.25%
2 years 7.50% 7.50%
Above 2 years to 10 years 7.00% 7.00%
Savings Bank Deposit 2.75% -
Recurring/Cumulative Deposit
One Year to 2 years 7.25% -
2 years 7.50% -
Above 2 years to 10 years 7.00% -

 

  • Depositers with age of 60 years & above (Senior Citizen) are entitled to 0.75% more Interest for the term deposit & above on fresh/renewal of deposits.Documentation of Age proof required

  • PAN Card is mandatory if aggregate amount of deposit is Rs. 50,000/-and above.

  • 0.75% interest is not applicable on Recurring Deposit for Depositers with age of 60 years & above (Senior Citizen)