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Interest Rate Term Deposits

Revised Interest Rate effective From 23.01.2017
Period For Public ( % ) p.a. For Sr.Citizen/Staff ( % ) p.a. For HNI (*)(%) p.a.
7 days to 29 days 4.25 4.25 4.25
30 days to 90 days 5.25K 5.50 5.50
91 days to 270 days 5.75 6.00 6.00
271 days to 365 days 6.50 6.75 6.75
More than 12 months to 30 months 7.25 7.50 7.50
More than 30 months to 60 months 7.00 7.50 7.50
More than 60 months to upto 120 months 6.75 7.00 7.00
Jankar Bachat Yojana(TAX Benefit Under section 80C ) 7.25 7.25 7.25

(*) Minimum amount of a single receipt for High Net Worth deposits for all categories at Rs. 15 lakh.

Savings Bank Rate
The interest for Savings Deposits shall continue at 4.00% p.a.

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