Fixed Deposit

Sl. No Deposit Products Maximum Tenor ( in years) Existing Rates (Revised w.e.f 1st September 2021)
Individual Deposit Interest Rates		 Revised Rates (w.e.f 17th June 2023)
Individual Deposit Interest Rates
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 5.00% 5.00%
7 Fixed Deposit 121 to less than 180 days 5.00% 5.00%
8 Fixed Deposit 181 to less than 270 days 5.50% 5.50%
9 Fixed Deposit 271 to less than 1 year 5.75% 5.75%
10 Fixed Deposit 1 year to less than 2 years 6.75% 7.00%
11 Fixed Deposit 2 years to less than 3 years 7.25% 7.50%
12 Fixed Deposit 3 years to less than 4 years 8.00% 8.00%
13 Fixed Deposit 4 years to less than 5 years 8.00% 8.25%
14 Fixed Deposit 5 years to less than 7 years 8.25% 8.35%
15 Fixed Deposit 7 years to less than 10 years 8.50% 8.75%
16 Fixed Deposit 10 years and above 9.00% 9.00%

Recurring Deposit

Deposit Period                                     Rates(%)
181 to less than 270 days                                    5.50%
271 to less than 1 year                                   5.75%
1 year to less than 2 years                                   6.75%
2 years to less than 3 years                                   7.25%
3 years to less than 4 years                                   8.00%
4 years to less than 5 years                                   8.00%
5 years to less than 7 years                                   8.25%
7 years to less than 10 years                                   8.50%
10 years and above                                   9.00%

Saving Deposit

Saving Account Type                    Rates(%)
Saving Deposit                        5.25%

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