Interest Rates

Savings Bank Interest Rate - (Effective from 07-October 2017)

Balance below Rs.50 Lakhs - 3.50%

Balance of Rs.50 Lakhs and above - 4.00%

Interest rates on Term Deposits - DOMESTIC /NRO have been revised with effect from 11.06.2018

 

 

SL No

Period

Interest rates % (p.a)

 

 

Below

`1 Cr

Deposits ` 1 Crore & Above

`1 Cr

to

Less than

`5 Cr

`5 Cr

to

Less than

`25 Cr

`25 Cr

to

Less than

`50 Cr

`50 Cr

to

Less than

`75 Cr

`75 Cr

to

Less than

`100 Cr

`100 Cr

to

Less than

`200 Cr

`200 Cr

& above

1

7 days to 29 days

4.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

2

30 days to 45 days

4.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

3

46 days to 60 days

5.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

4

61 days to 90 days

5.00

5.25

5.25

5.25

5.25

5.25

5.25

5.25

5

91 days to 180 days