Interest Rates for Deposits

PeriodInterest Rate
40 days to 90 days5.50%
90 Days to 179 Days6.00%
180 Days to 364 Days7.00%
1 Year and above less than 2 Years9.50%
Above 2 years to less than 3 years9.60%
Above 3 years9.75%
S.B. A/c (on daily balance of all accounts)3%
R.D9.50%
Pigmi3.00%
For Senior Citizens, Societies, Screw, Service Members, Ex-Service Men, an additional 0.50% interest is inclusive in the rates.

Penalty: Penalty rate of interest at 1% will be levied in case of premature withdrawal/re-investment of Term Deposits.