Interest Rate-Deposit

    

Domestic Term Deposits

Period Interest Rate P.A.
w.e.f. - 16/10/2019


General Public, Regd. Co-op. Societies, Non Scheduled UCBs Senior Citizen
Up to 14 Days Nil Nil
15 Days to 90 Days 5.00 % 5.00 %
91 Days to 180 Days 5.50 % 5.50 %
181 Days to 365 Days 6.00 % 6.00 %

From 366 days   To 24 months

7.10 % 7.45 %

Above 2 years

To 5 years

6.60 % 6.95 %
Above 5 years to 10 years 6.35 %  6.70 % 

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

SPECIAL DEPOSIT SCHEME (For limited period only w.e.f. 16/10/2019

(360 DAYS SIMPLE INTEREST) 

7.35% (SIMPLE INTEREST) 7.60% (SIMPLE INTEREST)
Bulk Deposits (Rs. 50.00 Lacs and above) 13 months to 24 months w.e.f. 16/10/2019
 
Bulk Deposits (Rs. 50.00 Lacs and above) 360days

6.50%

 
6.60%  
N.A.
 
 
N.A.  

Shubhamkar Deposit

(Tax Saving)

Qtrly Cumu.

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

For 60 Months

 7.15% (Quarterly Payout only)  7.35% (Quarterly Payout only)

DNS SIP-RD Scheme (12 months to 24 months)

7.35% 7.35%