The revised interest rates on term deposits will be as under:
Sl No. |
Period |
Revised Interest Rates w.e.f. 11.01.2023 |
1 |
7 days to 14 days |
3.50% |
2 |
15 days to 30 days |
4.00% |
3 |
31 days to 45 days |
4.00% |
4 |
46 days to 90 days |
4.60% |
5 |
91 days to 120 days |
5.00% |
6 |
121 days to 179 days |
5.10% |
7 |
180 days to 210 days |
5.50% |
8 |
211 days to less than 1 year |
5.80% |
9 |
1 year to less than 2 years |
6.90% |
10 |
2 years to less than 3 years |
6.85% |
11 |
3 years to less than 5 years |
6.75% |
12 |
5 years to 10 years |
6.70% |
13 |
DDD - 444 days |
7.25% |
14 |
666 Deposit Scheme |
7.40% |
1 |
Rate of interest for the term deposits of Rs.1.00 Crore (including split deposits) and above (including renewals) will be decided at Head Office on day to day basis as per the Bank's Requirement. |
2 |
The above rates are applicable for NRE & NRO deposits also. |
3 |
Staff will get an additional interest of 1.00% over card rate. |
4 |
Senior citizens will get an additional interest rate of 0.50% over card rate for 1 year and above term deposits only. |
5 |
Our Bank's Retired Staff, on Superannuation, will get an additional interest rate of 1.00% p.a. on all deposits and also 0.50% p.a. as senior citizens. |
6 |
Revised rates on deposit are applicable on new deposits and also for the existing deposits on their renewal. |
Please Contact Your Branch for further details.