DEPOSIT INTEREST RATES

Effective from Current Date

Rate of Interest (Term Deposits)

Deposit Period Interest Rate (p.a.)
(General & Co-Op Societies)
7 Days to 180 Days 5.50%
181 Days to 365 Days 6.00%
13 Months to 18 Months 7.00%
Over 18 Months to 24 Months 7.75%
Over 24 Months 7.00%

Important Notes

  • The revised rates will be applicable to all types of Term Deposits.
  • Senior Citizens will be eligible to earn 0.50% extra interest for all maturities.
  • A single deposit of Rs. 25.00 Lakh & above will attract 0.50% extra interest for all maturities.
  • Penal interest for payment before due date will be applicable as per rules.
  • Sampada Deposit Scheme circulated by our circular dated 14th March, 2023 stands withdrawn.

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