Deposits
- Fixed Deposit – Interest payout scheme
(Monthly/Quarterly/Half yearly/Yearly )
- Re Investment – Interest compounded (quarterly compounded)
- Recurring Deposit – Monthly Installment (Quarterly compounded)
Deposits interest rate With Effect from 15.01.2021
- From 30 Days to 90 Days 5.00 %
- From 91 Days to 180 Days 5.50 %
- From 181 Days to less than 1 Year 5.75 %
- 1 Years to Below 3 Years 6.50 %
- 3 Years to up to 5 Years 7.00 %
- Additional interest to Senior Citizens 0.50% for period of 30 days and above
- Additional Interest to single deposit of Rs.1 crores and above 0.50%
- Interest payment is subject to TDS
