w.e.f. 01/04/2024
TERM DEPOSIT
| TERM OF DEPOSIT |
GENERAL |
SENIOR CITIZENS (AGE 60 YEARS TO 79 YEARS) |
| DEPOSITS BELOW RS. 01 CRORE |
|
07 Days to 90 Days |
4.00 % |
- |
|
91 Days to 180 Days |
4.50 % |
- |
|
181 Davs to 364 Days |
5.50 % |
- |
|
12 Months to 36 Months |
6.80 % |
7.50 % |
|
37 Months to 84 Months |
6.50 % |
7.00 % |
|
12 Months and above |
7.30 % |
7.30 % |
RECURRING DEPOSIT
| TERM OF DEPOSIT |
RATE OF INTEREST |
| 12 Mornths to 36 Months |
6.80 % |
| 48 Months to 84 Months |
6.50 % |
Note: 1) Maximum Term/Period of Deposit will be 84 Months (i.e. 7 Years).
2) Customers with Age 60 years and above will be considered Senior Citizens and with age 80
years and above will be considered Super Senior Citizens.
3) Bulk Deposit rate would be applicable when the deposit is kept under one single Term Deposit of Rs. 01 Crore and above for a minimum term of 12 months.
4) Recurring Deposit Account would be in multiple of 12 months and maximum period will
be 84 months (i.e. 7 years).
