Rate of Interest

S.No. Type of Deposits & Tenor Period Rate of Interest
1. Demand Deposits
Saving Accounts 4.00 %
2. Term Deposits
Up to 7 days Nill
7 – 14 days 5.00 %
15 – 29 days 5.50 %
30 – 45 days 6.00 %
46 – 90 days 6.60 %
91 – 180 days 6.60 %
181 – 364 days 7.00 %
1 year – 2 years 7.35 %
2 years  and above 7.10 %
 *For Senior Citizens/PACS (Except for the Period 7 to 14 days) 0.60 % Excess