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 w.e.f 19th September, 2019

Sl no. Term Rate
1 3 months to less than 1 year 5.50%
2 1 year to less than 2 years 6.75%
3 2 years to less than 3 years 7.25%
4 3 years to less than 4 years 7.50%
5 4 years to less than 5 years 7.75%
6 5 years to less than 6 years 8.00%
7 6 years to less than 7 years 8.25%
8 7 years and above 8.50%

FIXED DEPOSIT RATES FOR INSTITUTIONS/CORPORATIONS w.e.f 19th September, 2019

Sl no. Term Rate
1 1 month to less than 3 months 0.75%
2 3 months to less than 6 months 1.50%
3 6 months to less than 1 year 3.00%
4 1 year to less than 2 years 6.00%
5 2 years to less than 3 years 6.50%
6 3 years to less than 4 years 7.25%
7 4 years to less than 5 years 7.50%
8 5 years to less than 6 years 7.75%
9 6 years to less than 7 years 8.00%
10 7 years years and above 8.25%

SAVING DEPOSIT INTEREST RATE – 5% per annum