The following schemes are available under Fixed Deposits (Term Deposits):-
- Simple Fixed Deposit (Quarterly Interest)
- Quarterly Interest-cum-Recurring Deposit (Compounding Interest payable on Maturity)
- Cash Certificate
- Monthly Interest Deposit
- These schemes are applicable to individuals and non-individuals.
Attractive interest rates are made available to customers for their investments with us
The below mentioned are the rate of interest on deposits ( other than Foreign Currency, Non-resident Accounts, Non-resident (External) Rupees Accounts and other Foreign Currency Accounts.)
Effective from 1st January 2018:-
Sr. No. | Detals | Intrest Rate |
---|---|---|
1 | 30 to 90 Days | 7 % |
2 | 91 to 180 Days | 7.50 % |
3 | 181 Days to 12 Months | 8.50 % |
4 | 13 Months To 36 Months | 9 % |
5 | 36 Months to 10 Years | 9.50 % |
Note :- Senior Citizen will get 0.5% more than the above rates.