Domestic Schemes
DOMESTIC DEPOSITS
Repo Linked Savings Bank Deposit Rate ( w.e.f 09.01.2023)
| Upto Rs 10 Lakhs |
*2.60% (Not linked to Repo Rate) |
| Over Rs 10 Lakhs |
2.75% (Not Linked with Repo) |
*Not linked to Repo Rate
Rate of Interest On Domestic Term Deposit Less Than Rs 2 crores Stands Revised With Effect From 15.03.2023
|
Maturity Period
|
Existing ROI for General Customer
|
Revised ROI for General Customer
|
|
Rate % p.a.
|
yield in %
|
Rate % p.a.
|
yield in %
|
|
7-14 days
|
2.90%
|
2.90%
|
2.90%
|
2.90%
|
|
15-29 days
|
2.90%
|
2.90%
|
2.90%
|
2.90%
|
|
30-45 days
|
3.00%
|
3.00%
|
3.00%
|
3.00%
|
|
46-60 days
|
4.00%
|
4.00%
|
4.00%
|
4.00%
|
|
61-90 days
|
4.00%
|
4.00%
|
4.00%
|
4.00%
|
|
91-120 days
|
4.50%
|
4.50%
|
4.50%
|
4.50%
|
|
121-150 days
|
4.50%
|
4.51%
|
4.50%
|
4.51%
|
|
151-180 days
|
5.00%
|
5.02%
|
5.00%
|
5.02%
|
|
181-364 days
|
6.00%
|
6.04%
|
6.00%
|
6.04%
|
|
1 year
|
6.75%
|
6.92%
|
6.75%
|
6.92%
|
|
Above 1Yr - 443 days
|
6.50%
|
6.66%
|
6.50%
|
6.66%
|
|
445 -665 days
|
6.50%
|
6.66%
|
6.50%
|
6.66%
|
|
667day -2yrs
|
6.50%
|
6.66%
|
6.50%
|
6.66%
|
|
Above 2yrs - 3yrs
|
6.30%
|
6.66%
|
6.30%
|
6.66%
|
|
Above 3yrs - 5yrs
|
6.20%
|
6.76%
|
6.20%
|
6.76%
|
|
Above 5 yrs
|
6.10%
|
7.07%
|
6.10%
|
7.07%
|
|
444 days
|
7.00%
|
7.25%
|
7.05%
|
7.30%
|
|
666 days
|
7.15%
|
7.57%
|
7.20%
|
7.63%
|
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:
|
|
Tenor Up to One year
|
Tenor Above One Year
|
|
Staff
|
1.00%
|
|
Senior Citizen
|
0.25%
|
0.50%
|
|
Retired Staff Senior Citizen
|
1.25%
|
1.50%
|
a) Domestic Bulk Term Deposit 2 Cr upto and including Rs.10 Crore w.e.f. 28.11.2022 with ref. no. T&I/MUM/TDR/32/2022-23 dated 28.11.2022.
As per the decision taken by the Competent Authority rate of interest on Bulk Term deposit of Rs. 2.00 crores and above upto & including Rs. 10.00 crore stands revised as below w.e.f. 28.11.2022
|
Sl. No.
|
Deposit period
|
Single Term Deposit Rs. 2 Cr and above upto & including Rs. 10.00 Crore
|
Single Non- Callable Bulk Term Deposit Rs. 2 Cr and above upto & including Rs. 10.00 Crore
|
|
Existing
|
Revised
|
Exisiting
|
Revised
|
|
1
|
7 - 14 Days
|
5.90
|
5.90
|
5.95
|
5.95
|
|
2
|
15 - 30 Days
|
5.90
|
5.90
|
5.95
|
5.95
|
|
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
|
7.20
|
7.20
|
7.25
|
7.25
|
|
9
|
>1 year to 2 year
|
7.20
|
7.20
|
7.25
|
7.25
|
|
10
|
>2 year to 3 year
|
5.50
|
5.50
|
5.55
|
5.55
|
|
11
|
>3 year to 5 year
|
5.50
|
5.50
|
5.55
|
5.55
|
|
12
|
Above 5 years
|
5.50
|
5.50
|
-
|
-
|
b) Domestic Bulk Term Deposit above Rs.10 Crore w.e.f. 28.11.2022 with ref. no. T&I/MUM/TDR/32/2022-23 dated 28.11.2022.
As per the decision taken by the Competent Authority rate of interest on Bulk Term deposit above Rs. 10.00 crores stands revised as below w.e.f. 28.11.2022
A) Single Domestic Term Deposit above Rs. 10.00 Crores
"Customers are requested to contact the nearest branch for interest rate of bulk deposit above Rs 10.00 crores"
B) Non-Callable Bulk Term Deposit above Rs. 10 Crores
"Customers are requested to contact the nearest branch for interest rate of bulk deposit above Rs 10.00 crores"