Interest Rate

Rate of Interest on Term Deposit applicable with effect from 01 April 2024

Maturity period
Gen. Public (p.a.) Sr. Citizens (p.a.)
Fixed Deposit
15 Days to 45 Days 6.00% 6.50%
46 Days to 90 Days 6.50% 7.00%
91 Days to 179 Days 7.25% 7.75%
180 Days to less than 1 Year 7.50% 8.00%
1 Year to less than 2 Years 8.25% 8.75%
2 Years and above 8.00% 8.50%
Recurring Deposit
1 Year to less than 2 Years 8.25% 8.75%
2 Year and above 8.00% 8.50%