Deposit

/Deposit
Deposit2018-10-08T10:35:17+00:00

Interest Rate Circular

Interest rates (percent per annum) w.e.f. 1/1/2017 (For deposits with half yearly payouts and cumulative deposits).
1) For deposits less than the amount of 1 crore

Sr.no Period
1 7 to 14 days 4.50%
2 15 to 29 days 4.50%
3 30 to 45 days 5.00%
4 46 to 90 days 5.25%
5 91 to 180 days 5.50%
6 180 to less than 1 year 6.50%
7 1 years and above 8.00%
8 15 months (Till 30.9.2017) 9.00%

2)For the amount of deposits more than 1 crore, 0.50 % additional interest rate.

3) Senior Citizens,to 0.50% additional interest rate.

4) Savings deposit account holders on the package as a whole 4 % interest rate.

5) On N . R . F . D. accounts No. 1 in the maximum interest rate 8.00 %.

6) Monthly Income Deposit 8.00%.

7) Dhan Vardhini 8.00%.

8) Recurring Deposit 8.00%.

9) Dam Duppat Deposit 8.00%.

10) Bhavishyadhar Deposit 8.00%.

11) Kesharmati Deposit 8.00%.