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Interest Rate for Retail Fixed Deposit

Sl. No TERM Maturity Monthly Quarterly Half Yearly Annually
1 45 days N/A N/A N/A N/A N/A
2 60 days N/A N/A N/A N/A N/A
3 90 days N/A N/A N/A N/A N/A
4 91 to less than 120 days 5.00%        
5 120 to less than 180 days 5.00%        
6 180 to less than 270 days 5.50%        
7 270 to less than 1 year 5.75%        
8 1 year to less than 2 years 6.75% 6.43% 6.52% 6.55% 6.63%
9 2 years to less than 3 years 7.25% 6.79% 6.96% 7.01% 7.09%
10 3 years to less than 4 years 7.50% 6.90% 7.15% 7.22% 7.30%
11 4 years to less than 5 years 7.75% 7.01% 7.34% 7.43% 7.51%
12 5 years to less than 6 years 8.00% 7.12% 7.53% 7.64% 7.72%
13 6 years to less than 7 years 8.25% 7.23% 7.72% 7.85% 7.94%
14 7 years and above 8.50% 7.34% 7.91% 8.06% 8.15%

Recurring Deposit

Deposit Period                                 Rates(%) p.a
181 to less than 270 days                                   5.50%
270 to less than 1 year                                   5.75%
1 year to less than 2 years                                   6.75%
2 years to less than 3 years                                   7.25%
3 years to less than 4 years                                   8.00%
4 years to less than 5 years                                   8.00%
5 years to less than 7 years                                   8.25%
7 years to less than 10 years                                   8.50%
10 years and above                                   9.00%

 

Saving Deposit

Saving Account Type                    Rates(%)
Saving Deposit                        5.00%

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