Deposits

The rate of interest on various term deposits (including Recurring Deposit) are as under:-

S.No. Period Rate of Interest (w.e.f 03.02.2024)
1. 91 days to below 180 days 4.50
2. 180 days to below 1 Years 4.75
3. 1 Years to below 2 Years 6.00
4. 2 Years to below 3 Years 6.50
5. 3 Years to 5 Years 6.00
6. 5 Years to 7 Years 5.00

Other Conditions :
Senior citizens will be paid the additional interest @ 0.50% over and above the prevailing interest rate.
0.25 % Charitable institution having i.t registration under i.t act up to aggregate amount of less than Rs 1crore.