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.
