Interest Rate-Deposit

Domestic Term Deposits

Period Interest Rate P.A.
w.e.f. - 14/08/2018


General Public, Regd. Co-op. Societies, Non Scheduled UCBs Senior Citizen
Up to 14 Days Nil Nil
15 Days to 90 Days 4.00 % 4.00 %
91 Days to 180 Days 5.00 % 5.00 %
181 Days to 365 Days 6.00 % 6.00 %

From 366 days   To 24 months

7.50 % 8.00 %

Above 2 years

To 5 years

7.25 % 7.75 %
Above 5 years to 10 years 7.00 %  7.50 % 

Other Terms and Conditions:

• The maximum period of deposits will be 10 years.

• In case of premature withdrawal of Term deposit,the interest rate payable will be 1% less than the applicable rate for the period for which the said deposit remained with the Branch.

     
PERIOD

GEN.PUBLIC, REGD.CO.OP SOCIETIES/ NON SCHEDULED UCBs

SENIOR CITIZENS
Bulk Deposits (Rs. 50.00 Lacs and above) 13 months to 24 months

7.25%

N.A

Shubhamkar Deposit

(Tax Saving)

Qtrly Cumu.

Max.Upto- Rs.1.50 Lakh Per F.Y.

For 60 Months

 7.80% (Quarterly Payout only)  8.00% (Quarterly Payout only)

SPECIAL DEPOSIT SCHEME (For limited period only w.e.f. 06/09/2018

(360 DAYS SIMPLE INTEREST) 

8.25% (SIMPLE INTEREST) 8.50% (SIMPLE INTEREST)

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