Deposit Rates
Deposit Rate of Interest w.e.f. 01.03.2024 :
Term Deposit (Below ₹25.00 Lakh) :
Premature Closure : 1% less than the rates applicable for the period for which the deposit remained with the Bank. This is applicable for all tenures including Recurring Deposit excluding Daily Deposit
Term Deposit (Above ₹25.00 lakh) :
Premature Closure : 1% less than the rates applicable for the period for which the deposit remained with the Bank.
Term Deposit with Lock in Period (Below ₹25.00 Lakh) :
Term Deposit with Lock in Period (Above ₹25.00 Lakh) :
Premature Closure : 1% less than the rates applicable for the period for which the deposit remained with the Bank. Premature Closure is not permitted in all Lock-in-Period schemes. In case of emergency prematurity withdrawal will be allowed but no interest will be paid against the same.
Special Incentive Rate :
- 0.75% higher on all Term Deposit under all tenure for Senior Citizen.
- 0.50% higher on all Term Deposit under all tenure for Charitable Trust.
For opening a Fixed Deposit, please download the below listed form and submit it to your nearest branch.
- Notification