Rate of Interest on Term Deposits w.e.f 02-02-2023
Sr. No. |
Maturity Period |
Rate of Interest
|
1. |
31 days to 45 days |
3.35% |
3. |
46 days to 90 days |
4.25% |
4 |
91 days to 179 days |
4.50% |
5 |
180 days to less than 1 year |
5.00% |
6 |
1 Year | 6.75% |
7. |
More than 1 year but less than 2 years |
6.50% |
8. |
2 years ton Less than 3 years |
6.00% |
9. |
3 years to Less than 5 years | 6.00% |
10. |
5 years and Above | 6.00% |
(a) Senior Citizen Benefit : Addtional Rate of Interest 0.50%.
(b) Staff benefit: 1% additional Rate of interest.
(c) Above 15 Lakh deposits benefit: 0.30% extra rate of interest.
However, Any two benefits can be given at a time. No one should be given all the three benefits.