Interest Rates

Savings Bank Interest Rate - (Effective from 07-October 2017)

Balance below Rs.50 Lakhs - 3.50%

Balance of Rs.50 Lakhs and above - 4.00%

Interest rates on Term Deposits - DOMESTIC /NRO have been revised

with effect from 18.04.2018

SL No

Period

Interest rates % (p.a)

 

 

Below

`1 Cr

Deposits ` 1 Crore & Above

`1 Cr

to

Less than

`5 Cr

`5 Cr

to

Less than

`25 Cr

`25 Cr

to

Less than

`50 Cr

`50 Cr

to

Less than

`75 Cr

`75 Cr

to

Less than

`100 Cr

`100 Cr

to

Less than

`200 Cr

`200 Cr

& above

1

7 days to 29 days

4.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

2

30 days to 45 days

4.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

3

46 days to 60 days

5.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

4

61 days to 90 days

5.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

5

91 days to 180 days

6.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

6

181 days to 269 days

6.50

6.00

6.00

6.00

6.00

6.00

6.00

6.00

7

270 days to less than 1 Yr

6.50

6.00

6.00

6.00

6.00

6.00

6.00

6.00

8

1Year

6.75

6.00

6.00

6.00

6.00

6.00

6.00

6.00

9

More than 1 Yr to less than 2 Yrs

6.60

6.00

6.00

6.00

6.00

6.00

6.00

6.00

10

2 Yrs

6.60

6.00

6.00

6.00

6.00

6.00

6.00

6.00

11

More than 2 Yrs to less than 3 Yrs

6.50

6.00

6.00

6.00

6.00

6.00

6.00

6.00

12

3 years to 5 Yrs

6.50

6.00

6.00

6.00

6.00

6.00

6.00

6.00

13

Above 5 Yrs

6.25

6.00

6.00

6.00

6.00

6.00

6.00

6.00