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Deposit Interest Rates

Effective from 01 April 2024

Savings Deposit

Interest on Savings Account will be paid at the rate of 3.00% per annum.

Daily Deposit Scheme

Customers can deposit daily collections through authorized agents. Passbook facility available.

Fixed Deposit Interest Structure

Deposit Period Normal Rate Senior Citizen / Widow / Handicapped
30 Days to 90 Days 5.00% 5.00%
91 Days to 180 Days 6.00% 6.00%
181 Days to 364 Days 6.50% 6.50%
12 Months to 24 Months 7.50% 8.00%
25 Months to 36 Months 7.75% 8.25%
Above 36 Months 7.50% 8.00%
Senior Citizens, Widows and Physically Challenged customers will receive an additional 0.50% interest.

Recurring Deposit Scheme

Deposit Tenure Interest Rate
1 Year 7.00%
2 Years 8.00%
3 Years 8.50%
4 Years 8.50%
5 Years 8.50%