Interest Rates on fixed Deposits WEF 01.12.2018:
|Period Slab||Rates % Per Annum.|
|14 Days to 30 Days||4.00 %|
|31 Days to 90 Days||4.25 %|
|91 Days to 180 Days||6.00 %|
|181 Days to 364 Days||7.75 %|
|12 months and above to below 24 Months||8 %|
|24 Months and above to below 36 Months||7.50%|
|36 Months and above||7.25 %|
Note : For Deposits of 12 months and above:
1) Additional Interest @ 0.50 % p.a. for Senior citizens (Except Recurring Deposit)
2) Additional Interest @ 0.25 % p.a. for Registered Co-Op. Society's.
3) Bulk Deposit of 15.00 Lakhs and above, further additional interest @ 0.25 % p.a.
4) Extra Interest @ 0.50% p.a. on all Saving Deposits of Co-Operative Society's.
The Revised rate of Interest shall be applicable for Recurring Deposits as General Rate Only.
No Additional interest shall be applicable to Recurring Deposits Accounts except Staff Recurring Deposit Accounts.