• Interest Rates
      Interest Rates / Domestic Schemes

      Domestic Schemes

      DOMESTIC DEPOSITS

      Rate(s) of interest on Domestic Term Deposits, stands revised with effect from 18.11.2016

      Domestic Term Deposit rates for less than Rs. 1 Crore

      Sr. No. Time Period Revised Rate w.e.f 18.11.2016
      01. 7 - 14 Days 4.50%
      02. 15 - 29 Days 5.00%
      03. 30 - 45 Days 5.50%
      04. 46 - 60 Days 6.00%
      05. 61 - 90 Days 6.25%
      06. 91 - 120 Days 6.50%
      07. 121 - 150 Days 6.50%
      08 151-180 Days 6.50%
      09. 181 to 364 days 6.90%
      10. 1 year 7.00%
      11. More than 1 year upto 2 Years 6.90%
      12. Above 2 Years upto 3 Years 6.90%
      13. Above 3 Years and less than 5 Years 6.75%
      14. 5 years and above 6.75%

      Revision in rate of interest in Bulk Term Deposits of Rs. 1.00 crore and above upto & including Rs. 5.00 crores - rates effective from - 24.11.2016

      a) Term Deposits Of Rs. 1.00 Crore and above - upto & including Rs. 5.00 Crore

      T&I: MUM :TDR:011:2016-17

      Sr. No. Deposit period Single Term Deposit Rs. 1 Cr and above
      upto & including Rs. 5.00 Crore
      1 7-14 days 4.00
      2 15-30 days 4.00
      3 31-45 days 4.00
      4 46-90 days 4.50
      5 91-120 days 5.00
      6 121-180 days 5.00
      7 181 days to less than 1 year 5.00
      8 1 year & above but less than 2 years 5.00
      9 2 year & above but less than 3 years 5.00
      10 3 year & above but less than 5 years 5.00
      11 5 Years & above 5.00

       

      b) Bulk Term Deposits above Rs. 5.00 Crores - rates effective from - 24.11.2016

      T&I: MUM :TDR:012:2016-17

      Sr. No. Deposit period Single Term Deposit above Rs. 5 Cr and less than Rs. 25.00 Cr Single Term Deposit Rs. 25 Cr & above
      1 7 - 14 Days 4.00 4.00
      2 15 - 30 Days 4.00 4.00
      3 31-45 Days 4.00 4.00
      4 46 – 90 Days 4.50 4.50
      5 91 - 180 Days 5.00 5.00
      6 181 - 210 Days 5.00 5.00
      7 211- 270 days 5.00 5.00
      8 271 days - < 1 year 5.00 5.00
      9 1 year & above but less than 2 years 5.00 5.00
      10 2 Years & above but less than 3 Years 5.00 5.00
      11 3 years & above but less than 5 Years 5.00 5.00
      12 5 Years & above 5.00 5.00

      SAVINGS BANK DEPOSIT

      Interest Rate payable on Savings Bank Deposit Accounts is @4.00% per annum with effect from 03.05.2011

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