TERM DEPOSITS

  • Deposit Schemes
  • Term Deposits
 
(A) Regular Term Deposits (%)
* 15 Days to 90 Days 3.50 %
* 91 Days to 180 Days 4.00 %
* 181 Days to 364 Days 4.50 %
For 1 Year 5.00 %
* 13 Months to 24 Months 4.75 %
* 25 Months to 60 Months 4.50%
   
(B) Senior Citizens (Age 60 or Above) (%)
For Senior Citizens Additional 0.5% (roi) [Period 12 Months and Above]
 
Note : 1.0% Penal interest shall be attracted on Premature withdrawal of any deposit on the applicable Rate of interest
(Which means 1.0% less interest will be paid than the interest rate that is applicable for the period, for which the deposit was actually held with the bank).