Deposit Rates

Ensuring your Savings are Built Up

Home > Rate Of Interest > Deposit Rates

Interest rate for deposit scheme with effect from Sunday, 1 September 2019

Note : The Revised Rate Changes for up to Rs 15 Lacs

Days/Years Inclusive Individuals, HUF, Co-op. Societies/ Non Scheduled UCBs/Regd. Trusts & All other categories of depositors/NRO Senior Citizens Residents Only
15 days to 90 days 5.00 % p.a. 5.25 % p.a.
91 days to 180 days 6.25 % p.a. 6.50 % p.a.
181 days to 364 days 6.60 % p.a. 6.85 % p.a.
365 days to 24 months 7.00 % p.a. 7.25 % p.a.
15 Months 7.10 % p.a. 7.35 % p.a.
AV Deposit Scheme - 366 Days (Simple Interest) 7.25 % p.a. 7.50 % p.a.
Mangal Moorti Scheme- 24 months (Simple Interest) 7.15% p.a. 7.40 % p.a.
Above 24 months to 60 months 6.75 % p.a. 7.00 % p.a.
Above 60 months to 120 months 6.50 % p.a. 6.65 % p.a.
Tax exemption Scheme (5 Years) 7.00 % p.a. 7.00 % p.a.
SVCC 24 months not applicable .. % p.a. .. % p.a.

Penalty of 1 % p.a. will be charged in case of pre-mature refund & re-investment of term deposits