Interest on Fixed Deposits & Recurring Deposits

Type of Deposits & Periodicity Revised rates of Interest effective from 24-12-2015(per annum)
Term Deposits General Senior Citizen Co-op Societies/Other Cheritable Institutions
7 Days to 14 Days @5.50% @6.00% @6.00%
15 Days to 29 Days @5.50% @6.00% @6.00%
30 Days to 45 Days @5.50% @6.00% @6.00%
46 Days to 60 Days @6.50% @7.00% @7.00%
61 Days to 90 Days @6.50% @7.00% @7.00%
91 Days to 179 Days @7.00% @7.50% @7.50%
180 Days to 270 Days @7.25% @7.75% @7.75%
271 Days to < than 1 year @7.10% @7.60% @7.60%
1 year to < than 2 years @7.75% @8.25% @8.25%
2 years to < than 3 years @7.75% @8.25% @8.25%
3 years to < than 5 years @7.75% @8.25% @8.25%

(Note: 0.10% will be given more on the deposits of Rs. 25.00 Lac or above.)

The other term & conditions of Fixed Deposits/Recurring Deposits shall remain unchanged