INTEREST
RATES ON DEPOSITS WITH EFFECT FROM 01.05.2013
Period
Revision
Effective
From 01.05.2013
15 days - 29 days
6.50
30 days – 45 days
6.50
45 days -90 days
7.75
91 days -120 days
7.75
121 days to 180 days
7.75
181 days-269 days
8.25
270 days -364 days
9.25
1 year-less than 2 years
9.25
2 years-less than 3 years
9.25
3 years-less than 5 years
9.00
5 years and above
9.00
The revised interest rates are applicable to fresh deposits
and on renewal of maturing deposits on or after 18 .12 .2012.The
interest rates are also applicable to Tax savings deposits of
5 years and above.
The additional interest for Senior citizens and Staff remains
unchanged at 0.75% and 1% respectively for all term deposits
irrespective of period.
Note : The interest rates mentioned in the page is subject
to change. Although steps are taken to update the interest
rates periodically, viewers are advised confirm the
current rates of interest at the nearby branch.