Deposit Interest Rates
| Sl. No | Deposit Products | Maximum Tenor ( in years) | Existing Individual Deposit Interest Rate (%) |
Revised Individual Deposit Interest Rate (%) (w.e.f 1st Dec 2020) |
|---|---|---|---|---|
| 1 | Current Deposit | Unlimited | Nil | |
| 2 | Saving Deposit | Unlimited | 5.75 | 5.25 |
| 3 | Fixed Deposit | 45 days | N/A | N/A |
| 4 | Fixed Deposit | 60 days | N/A | N/A |
| 5 | Fixed Deposit | 90 days | N/A | N/A |
| 6 | Fixed Deposit | 91 to less than 120 days | 5 | 5 |
| 7 | Fixed Deposit | 121 to less than 180 days | 5 | 5 |
| 8 | Fixed/Recurring Deposit | 181 to less than 270 days | 5.5 | 5.5 |
| 9 | Fixed/Recurring Deposit | 271 to less than 1 year | 5.5 | 5.75 |
| 10 | Fixed/Recurring Deposit | 1 year to less than 2 years | 6.75 | 6.75 |
| 11 | Fixed/Recurring Deposit | 2 year to less than 3 years | 7.25 | 7.25 |
| 12 | Fixed/Recurring Deposit | 3 year to less than 4 years | 8 | 8 |
| 13 | Fixed/Recurring Deposit | 4 year to less than 5 years | 8 | 8 |
| 14 | Fixed/Recurring Deposit | 5 year to less than 7 years | 8.25 | 8.25 |
| 15 | Fixed/Recurring Deposit | 7 year to less than 10 years | 8.5 | 8.5 |
| 16 | Fixed/Recurring Deposit | 10 years and above | 9 | 9 |