Pan/Aadhaar Link Status

Deposits

Rate of interest on term deposits existing and current

 
Period Rate
From 30 to 89 days @ 4.00 % p.a.
From 90 to 180 days @ 5.25 % p.a.
From 180 to 364 days @ 6.50% p.a.
From 1 year to less than 2 years @ 7.00% p.a.
From 2 years to less than 3 years @ 7.25% p.a.
From 3 years to 5 years @ 7.00% p.a.
Above 5 years @ 7.00% p.a.



 
  • 0.50% extra interest for Senior Citizen for deposit of 1 year and above.
  • Interest payble on Term Deposits given for premature withdrawal will be charged at the applicable rate of the period for which the deposit remained with us as less as 1% penal interest. However. no penal interest will be applicable where the deposit is reinvested for a period longer than the remaining period of the original contract.
  • For bank deposit (single) for Rs. 15 lacs and above @ 6.00% p.a. for 30 days to below 1 year.
  • Renewal of term deposit 14 days after date of maturity : Bank may provide interest @ 4.00 % for the overdue period ( i.e period between date of maturity and date of renewal where renewal happens 14 days after the date of maturity.)

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