Deposits Rates
TERM
DEPOSIT INTEREST RATE
With effect from 19-12-2017 as noted below.
|
Sl.
No:
|
Period
|
Individuals/
Institutions
|
Senior Citizen
|
NRE
|
Primary Co-op Societies
|
|
1.
|
15 days - 45 days
|
5.75
|
6.25
|
-
|
6.00
|
|
2.
|
46 days - 90 days
|
6.50
|
7.00
|
-
|
6.75
|
|
3.
|
91 days - 179 days
|
7.00
|
7.25
|
-
|
7.25
|
|
4.
|
180 days - 364 days
|
7.50
|
8.00
|
-
|
7.75
|
|
5.
|
1 Year- 2 years
|
8.00
|
8.50
|
8.00
|
8.25
|
|
6.
|
2 Year & Above
|
7.75
|
8.25
|
7.75
|
8.00
|
We allow ½% additional interest on
Fixed Deposits accepted by societies from Senior Citizen and in turn invested
with our Bank after obtaining a certificate to that effect from them