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Interest on Deposits


RATE OF INTEREST (With effect from 1st June 2023):

SAVINGS BANK ACCOUNT :

 2.70 % p.a.

 

CURRENT ACCOUNT : NIL

FOR DOMESTIC RETAIL TERM DEPOSIT( Below 15 Lakhs)

Sl No

Duration

INTEREST RATE (% P.A.)  

 

 

 

General Public

Senior Citizen

 

 

 

(60 years and above)

1

7 days to 14 days

3.00

3.00

2

15 days to 45 days

3.00

3.00

3

46 days to 60 days

4.50

4.50

4

61 days to 90 days

4.50

4.50

5

91 days to 180

4.50

4.50

6

181 days to 270

5.25

5.25

7

271 days to less than 1 year

5.75

5.75

8

1 year

6.80

7.30

9

More than 1 year to less than 2 years

6.80

7.30

10

2 year to less than 3 years

7.00

7.50

11

3 years to less than 5 years

6.50

7.00

12

5 years to 10 years

6.50

7.00

 

FOR DOMESTIC BULK TERM DEPOSIT( Above 15 Lakhs & above but  Below 2 Crore)

Sl No

Duration

INTEREST RATE (% P.A.)  

 

 

 

General Public

Senior Citizen

 

 

 

(60 years and above)

1

7 days to 14 days

3.00

3.00

2

15 days to 45 days

3.00

3.00

3

46 days to 60 days

4.50

4.50

4

61 days to 90 days

4.50

4.50

5

91 days to 180

4.50

4.50

6

181 days to 270

5.25

5.25

7

271 days to less than 1 year

5.75

5.75

8

1 year

6.80

7.30

9

More than 1 year to less than 2 years

6.80

7.30

10

2 year to less than 3 years

7.00

7.50

11

3 years to less than 5 years

6.50

7.00

12

5 years to 10 years

6.50

7.00

 

FOR DOMESTIC BULK TERM DEPOSIT( 2 Crore & above)

Sl No

Duration

INTEREST RATE (% P.A.)  

 

 

 

General Public

Senior Citizen

 

 

 

(60 years and above)

1

7 days to 14 days

4.75

4.75

2

15 days to 45 days

4.75

4.75

3

46 days to 60 days

5.50

5.50

4

61 days to 90 days

5.50

5.50

5

91 days to 180

5.50

5.50

6

181 days to 270

6.00

6.00

7

271 days to less than 1 year

6.25

6.25

8

1 year

6.75

7.25

9

More than 1 year to less than 2 years

6.75

7.25

10

2 year to less than 3 years

6.50

7.00

11

3 years to less than 5 years

6.00

6.50

12

5 years to 10 years

6.00

6.50

 

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    Contact

    06652 357264
    chairman@ukgb.in