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Intrest Rate

These revised rates of intrest on term depost will be applicabel on fresh or on renewal of existing deposit on maturity on or after 01-11-2020.

Sr. No. Type of Deposite/Period Intrest Rate (% p.a)
1. Savings 3.50%
2. Term deposite
i) 15 days to 45 days 3.80%
ii) 46 days to 89 days 4.20%
iii) 90 days to 179 days 4.89%
iv) 180 days but less than 1 year 5.50%
v) 1 year but less than 2 years 6.20%
vi) 2 years but less than 3 years 6.20%
vii) 3 years but less than 5 years 6.20%
viii) 5 years but less than 8 years 6.20%
ix) 8 Years and above 6.20%
x) Special Scheme (Flat rate) for 500 days
3. Saving Bank P.F 8.65%

* 0.50% additional rate of intrest is allowed to the senior citizens on term Deposites.