Interest on Deposits
(a) Saving Bank Deposits |
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Rate of Interest p. a. w.e.f. 01.10.2024 |
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Upto Rs 1 Cr. |
2.70% |
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Rs 1 Cr. & above |
3.00% |
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(b) Domestic Term Deposits ( Below RS 1 Crore) |
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Rate of Interest p. a. w.e.f. 01.10.2024 |
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General Public |
Senior Citizen(60 years and above ) |
7 days to 14 days |
3.50% |
4.00% |
15 days to 45 days |
3.50% |
4.00% |
46 days to 60 days |
5.50% |
6.00% |
61 days to 90 days |
5.50% |
6.00% |
91 days to 180 |
5.50% |
6.00% |
181 days to 270 |
6.25% |
6.75% |
271 days to less than 1 year |
6.50% |
7.00% |
1 Year |
6.90% |
7.40% |
More than 1 year to less than 2 years |
7.00% |
7.50% |
2 year to less than 3 years |
7.15% |
7.65% |
3 years to less than 5 years |
6.85% |
7.35% |
5 years to 10 years |
6.60% |
7.10% |
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(c) Domestic Term Deposits (Rs 1 Crore and above) |