RATE OF  INTEREST ON DEPOSITS w.e.f. 06th March 2025

               Period                                                                                                            (Rate of interest)

14 days to 45 days

3.00%

 

46 days to 90 days

3.50%

 

91 days to 180 days

4.50%

 

181 days & above but less than 1 year

5.50%

 

1 year to 3 year

7.25%

 

Above 3 years

7.00%

 

To pay interest on bulk Fixed Deposits of Rs.15.00 Lakh and above

 

for a period of 444 days.

7.50%

 

 

S.B. deposits

3.00%

 

On daily balance

 

For Senior Citizens on Term Deposits

0.50% extra (on one year and above)

 

* Fixed Deposit withdrawal before maturity carries a penalty of 0.5% and interest shall be paid at rate applicable for the period deposit has run.

* Interest on Saving deposits shall be calculated and credited on 30th June, 30th September, 31st December and 31st March every year.

* Interest is compounded on quarterly basis.