Interest Rates

Recurring Interest Rates

Term RD Plus rates Flexi RD rates Simple RD rates
91 days to less than 1 year 4.75% 4.75% 5.00%
1 year to less than 2 years 6.75% 6.75% 7.00%
2 years and above 7.25% 7.25% 7.25%

Fixed Interest Rates

Term Rate
91 days to less than 1 year 5%
1 year to less than 2 years 6.50%
2 years to less than 3 years 7.00%
3 years and above 7.25%

FIXED DEPOSIT RATES FOR INSTITUTIONS/CORPORATIONS

Term Rate
1 year to less than 2 years 6%
2 years to less than 3 years 6.50%
3 years and above 7.25%

SAVING DEPOSIT INTEREST RATE – 5% per annum