Domestic Schemes

DOMESTIC DEPOSITS

Savings Bank Rate of Interest w.e.f 10.04.2022:-

 

Rate(s) of Interest on Domestic Term Deposits less than Rs. 2 Crores (w.e.f 01-10-2023) as under:

Maturity Period	ROI for General Customer Rate (%)	Yield in (%)
7-14 days	2.90%	2.90%
15-29 days	2.90%	2.90%
30-45 days	3.00%	3.00%
46-60 days	4.00%	4.00%
61-90 days	4.00%	4.00%
91-120 days	4.50%	4.50%
121-150 days	4.50%	4.51%
151-180 days	5.00%	5.02%
181-364 days*	5.50%	5.54%
1 Year	6.50%	6.66%
Above 1 Yr – 2 Yrs**	6.50%	6.66%
Above 2 Yr – 3 Yrs	6.30%	6.66%
Above 3 Yr – 5 Yrs	6.20%	6.76%
Above 5 Yrs	6.10%	7.07%
**400 days (w.e.f 08.10.23)	7.05%

The Additional Interest payable on deposits of Senior citizen/staff/ex staff /Ex staff. Sr. citizen above the “General Customer interest rate” is as under:

Rate(s) of Interest on Bulk Term Deposits Rs. 2 Cr & above and upto & including Rs. 10 Cr (w.e.f 24-04-2024) as under:

Sl. No.	Deposit period	Single Term Deposit Rs. 2 Cr and above  and upto & including Rs. 10.00 Cr		Single Non- Callable Bulk Term Deposit Rs. 2 Cr & above upto and including Rs. 10.00 Cr
		Existing	Revised	Existing	Revised
1	7 - 14 Days	5.90	5.90	5.90	5.90
2	15 - 30 Days	5.90	5.90	5.90	5.90
3	31 - 45 Days	6.15	6.15	6.20	6.20
4	46 - 90 Days	6.15	6.15	6.20	6.20
5	91 - 180 Days	6.15	6.15	6.20	6.20
6	181 - 210 Days	6.15	6.15	6.20	6.20
7	211 days to 270 days	6.15	6.15	6.20	6.20
8	271 days to 1 year	6.75	6.75	6.80	6.80
9	>1 year to 2 year	7.40	6.50	7.40	6.55
10	>2 year to 3 year	6.00	6.00	6.05	6.05
11	>3 year to 5 year	5.50	5.50	5.55	5.55
12	Above 5 years	5.50	5.50	-	-

Domestic Bulk Deposit above Rs. 10 Crores :

A) Single Domestic Term Deposit above Rs. 10 Crs :

 

B) Non-Callable Bulk Term Deposit above Rs. 10 Crs :

Customer are requested to contact the nearest branch for interest rate of bulk deposit above Rs. 10 Crs.