Domestic Schemes
DOMESTIC DEPOSITS
Savings Bank Rate of Interest w.e.f 10.04.2022:-
Balance | Rate of Interest |
Upto Rs. 10 Lakhs | 2.60% |
Over Rs. 10 lakhs | 2.75% |
Rate(s) of Interest on Domestic Term Deposits less than Rs. 2 Crores (w.e.f 11-05-2024) 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 | 3.50% | 3.50% |
61-90 days | 3.50% | 3.50% |
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 1Yr – 399 days | 6.50% | 6.66% |
400 days* | 7.05% | 7.27% |
Above 401 Days – 2 Yrs | 6.50% | 6.66% |
Above 2yrs - 3yrs | 6.30% | 6.66% |
Above 3yrs - 5yrs | 6.20% | 6.76% |
Above 5 yrs | 6.10% | 7.07% |
Note : *400 Day Special Scheme is also valid for NRE Term Deposit Scheme.
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% |
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 :
Customer are requested to contact the nearest branch for interest rate of bulk 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.