Deposit Interest Rates

11 Jun 2019 11:31:11

Sr

Period of fixed deposits

Changed interest rates from 11 August 2025

   

General citizen

Senior citizens
(age 60 years and above)

1

15 days to 45 days

3.25 %

3.75%

2

46 days to 180 days

4.50%

5.00%

3

181 days but less than 1 year

5.50%

6.00%

4

425 days (scheme limited period)

(1)less than 15 lakhs

(2)15 lakhs and above but Rs. less than 01 crore

(3)01 crore and above



6.75%

6.85%

6.95%



7.25%

7.35%

7.45%

5

 

1 year and above but less than 2 years


6.25%


6.75%

6

 

2 years and above

 

6.50%

 

7.00%

saving account :-

The interest rate on savings accounts is 3.00 percent per annum. This interest is paid to the accounts of account holders on half yearly basis.

* Smart Saving Deposit Account (GL-46) :-

(1) Rs. 3.5 percent interest on deposits up to Rs 1 lakh

(2) Rs. More than 01 lakh but maximum Rs. 4 percent interest up to Rs 5 lakh

(2) Rs. 4.75 percent interest on balance more than Rs 5 lakh

Interest is paid into account holders' accounts on half yearly basis

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