Interest Rates on Deposits


RATE OF INTEREST ON TERM DEPOSITS (DOMESTIC AND NRO#) W.E.F. 18th April 2024 ( % PER ANNUM)
Sr No. Period of Deposit Below ₹1 Crore
General Public Senior Citizen
Domestic & NRO Domestic
1 7 Days upto 29 Days 3.50 3.50
2 30 Days upto 60 Days 3.75 3.75
3 61 Days upto 90 Days 4.00 4.00
4 91 Days upto 180 Days 4.25 4.25
5 181 Days to less than 1 year 4.75 4.75
6 1 year to 15 months 7.15 7.65
7 Above 15 months to 2 years 7.00 7.50
8 Above 2 years to 3 years 7.10 7.60
9 Above 3 years to 5 years 6.00 6.50
10 Above 5 years 6.75 7.25
11 Flexi Fixed Deposit Current Account (FFDCA) 29 days 3.50% p.a.
12 Flexi Fixed Deposit Saving Account (FFDSB) 90 days) 4.00% p.a.
13 Bharat Deposit Tax Benefit Scheme - 5 years
(Maximum Rs.1.50 Lakh can be invested by an individual per Financial Year)
6.75% p.a.

# No additional rate of interest shall be applicable to Senior Citizen for deposits under NRO category

RATE OF INTEREST ON TERM DEPOSITS (DOMESTIC AND NRO#) W.E.F. 27th August 2024 ( % PER ANNUM)
Sr No. Period of Deposit ₹ 1 Crore to less than ₹ 2 crore ₹ 2 crore to less than₹ 5 crore ₹ 5 crore and above
1 7 Days upto 29 Days 4.50 4.50 4.50
2 30 Days upto 60 Days 4.75 4.75 4.75
3 61 Days upto 90 Days 5.00 5.00 5.00
4 91 Days upto 180 Days 5.25 5.25 5.25
5 181 Days to less than 1 year 5.90 5.90 5.90
6 1 year to 15 months 7.95 8.05 8.00
7 Above 15 months to 2 years 7.15 7.15 7.15
8 Above 2 years to 3 years 7.25 7.25 7.25
9 Above 3 years to 5 years 6.15 6.15 6.15
10 Above 5 years 6.90 6.90 6.90

# No additional rate of interest over and above the card rate shall be applicable to Senior Citizen.

## The above rates will be applicable till new rates on bulk deposits are announced.


RATE OF INTEREST ON NRE TERM DEPOSITS W.E.F. 18th April 2024 ( % PER ANNUM)
Sr. No Period of Deposit Below ₹1 Crore
1 12 Months 7.00
2 Above 12 months upto 24 months 7.00
3 Above 24 months upto 36 months 7.15
4 Above 36 months upto 120 months 6.00

# No additional rate of interest over and above the card rate shall be applicable to Senior Citizen.

## The above rates will be applicable till new rates on bulk deposits are announced.

RATE OF INTEREST ON NRE TERM DEPOSITS W.E.F. 03rd September 2024 ( % PER ANNUM)
Sr. No Period of Deposit ₹1 Crore to less than ₹2 Crore ₹2 Crore to less than ₹5 Crore ₹5 Crore and above
1 12 Months 7.90 8.00 7.95
2 Above 12 months upto 24 months 7.10 7.10 7.10
3 Above 24 months upto 36 months 7.15 7.15 7.15
4 Above 36 months upto 120 months 6.10 6.10 6.10

# No additional rate of interest over and above the card rate shall be applicable to Senior Citizen.

## The above rates will be applicable till new rates on bulk deposits are announced.