Deposit Schemes

Current account,fixed deposit, recurring deposit

Deposit Rate of Interests effect from 01.07.2024

S.no Prticulars Rate of Interst
Existing rates Revised Rate Senior Citizen
1 Saving Deposits 3.00% 3.00% 3.00%
2 Term Deposits
A 7 days to 30 days 3.50% 3.50% 3.50%
B 31 days to 90 days 4.80% 5.50% 5.50%
C 91 days to 180 days 5.75% 5.60% 5.60%
D 181 days to 364 days 6.10% 6.30% 6.30%
E 1 year exact 7.25% 7.25% 7.75%
F Above 1 year to 2 years 7.50% 7.50% 8.00%
G Above 2 year to 3 years 7.10% 7.10% 7.60%
H Above 3 year to 5 years 7.00% 7.00% 7.50%
J Above 5 year to 7 years 7.00% 7.50%
  1. 0.50% Extra will be allowed to Senior Citizens for One Year and above Deposits.
  2. 1% Extra will be allowed to Employees and Retired Employees of the Bank for Term Deposits on obtainance of required undertaking for Deposits of above 91 days.
  3. 0.75% will be allowed to PACSs for One Year Deposits (Deposits Collected from Society Members through Counter)

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