Interest rate for deposit scheme with effect from Monday, 1st June 2020
Note : The Revised Fixed Deposit Interest Rate Changes for Domestic and NRO Term Deposits
| 15 days to 90 days |
4.00 % p.a. |
4.25 % p.a. |
| 91 days to 180 days |
5.00 % p.a. |
5.25 % p.a. |
| 181 days to 364 days |
5.75 % p.a. |
6.00 % p.a. |
| 365 days to less than 24 months |
6.00 % p.a. |
6.25 % p.a. |
| 15 Months |
6.00 % p.a. |
6.25 % p.a. |
| AV Deposit Scheme - 366 Days (Simple Interest) |
6.00 % p.a. |
6.25 % p.a. |
| Mangal Moorti Scheme- 24 months (Simple Interest) |
6.00 % p.a. |
6.25 % p.a. |
| Above 24 months to 60 months |
6.00 % p.a. |
6.25 % p.a. |
| Above 60 months to 120 months |
6.00 % p.a. |
6.25 % p.a. |
| Tax exemption Scheme (5 Years) |
6.00 % p.a. |
6.00 % p.a. |
| SVCC 24 months not applicable |
.. % p.a. |
.. % p.a. |
Penalty of 1% will be charged on the applicable rate for the period run in case of pre-mature closure of any term deposit.