| Deposit Period |
Rate |
| 7 Days and above up to 90 Days |
4.75 % |
| 91 Days and above up to 180 Days |
5.25 % |
| 181 Days and above up to below 1 Year |
6.00 % |
| 1 Year and above up to below 3 Year |
6.50 % |
| 3 Year and above up to below 5 Year |
7.25 % |
| 5 Years and above up to 10 Year |
7.00 % |
- Additional interest @ 0.50% will be applicable in case of single TDR of Rs.15.00 lakh up to below Rs.50.00 lakh.
- Additional interest @ 0.75% will be applicable in case of single TDR of Rs.50.00 lakh up to below Rs.1.00 crore.
- Additional interest @ 1.00% will be applicable in case of single TDR of Rs.1.00 crore and above.
- Senior citizens (60 years & above) shall be eligible for additional interest maximum @ 1.00% on any amount of deposit under regular deposit scheme. (Dual benefit shall not be applicable regardless of the deposit amount)
- Minimum acceptable amount under Term Deposits shall be Rs.1000/-.
- Fixed deposits under Flexi Deposit option shall be accepted only under Regular Deposit Scheme and attract the above-mentioned rate of interest as per deposit period.
- Fixed deposits under Flexi Deposit option shall not attract any additional interest benefits except only the benefit of senior citizen in case of deposit made in the name of a senior citizen, regardless of the deposit amount.
- The above-mentioned regular rate of interest is applicable to monthly Recurring Deposit Scheme also.
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Special Fixed Deposit Schemes under Speical Rate of Interest
|
| Dipawali Bachat Yojana (181 Days) |
7.80 % (Non- cumulative) |
| Sahakar Samruddhi Bachat Yojana (333 Days) |
8.21 % (Non- cumulative) |
| Dhan Varsha Bachat Yojana (800 Days) |
8.00 % (Cumulative) |
| Vadil Vandana Bachat Yojana (800 Days) (For Senior Citizens Only) |
8.50 % (Cumulative) |
| Divyang Bachat Yojana (1111 Days) |
7.50 % (Cumulative) |
| Ganga Bachat Yojana (2020 Days) |
7.75 % (Cumulative) |
- In case of single TDR of Rs.15.00 lakh and above made under any of above mentioned Special scheme, an additional interest @ 0.25% shall be payable. No any other additional benefits shall be applicable to the deposits made under special scheme.
- Monthly (Discounted rate method) / Quarterly withdrawal of interest facility is available.
- In case of premature withdrawal of deposits held under any scheme (regular or special), interest will be calculated as per regular scheme interest rate which was effective on the date of deposit, based on the amount and period for which the deposit is remained with the bank, in such cases penal nterest will be charged @ 1% or as effective from time to time.
- No interest shall be payable in case of premature withdrawal of a fresh term deposit before completion of 7 days.
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| For more details regarding deposit schemes, please contact our nearest branch. |
