Interest Rate on Deposit

 

W.E.F. 1st November, 2017
Fixed Deposits/QIC/Recurring Deposits
Period General Public Senior Citizens/Co-operative Societies
15 days to 90 days 4.50% p.a. 4.50% p.a.
91 days to 180 days 5.50% p.a. 5.50% p.a.
181 days to 365 days 6.00% p.a. 6.00% p.a.
1 Years to 2 Years 7.25% p.a. 7.50% p.a.
2 Years+ 7.00% p.a. 7.25% p.a.

 

Saving Deposit
Period General Publlic Senior Citizens/Co-operative Societies
  4.00% p.a. 4.00% p.a.

 

 

 

 NOTICE:-

1. Above Interest rates applicable for New Deposits and Renewed Deposits.

2. Amount Invested by General Public for 120 Months will be given Dam Duppat (Double).

3. Amount Invested by Senior Citizen for 116 Months will be given Dam Duppat (Double).

4. Amount Invested for above One year period will be given Interest on Quarterly (Reinvestment) basis.