Interest Rates Deposits

Applies to All Types of Fixed Deposits and Recurring Deposits

Interest Rates on Deposits (w.e.f. 01.01.2024)
Period of Deposit For General Public & Registered CHS For Senior Citizen, Staff & Ex-Staff Member
7 Days to 30 Days 3.25% 3.25%
31 Days to 90 Days 4.00% 4.00%
91 Days to 180 days 5.75% 5.75%
181 Days to 1 Year 6.00% 6.00%
Above 1 Year to 3 Years 6.50% 6.50%
444 Days 7.00% 7.50%
Above 3 Years to 10 Years 6.25% 6.50%
Tax Benefit Scheme (60 Months) 6.25% 6.25%

The other conditions are as under:

1. Penalty for premature withdrawal will be 1.00% p.a.

2. The card rate is applicable to NRE Rupee Deposit.

3. In case customer wants to close the auto renewed Term Deposit within period of 7 days, No interest will be payable.