Fixed Deposits

The rate of interest on Fixed Deposits revised w.e.f. 01.05.2017

DEPOSIT INTEREST RATES

 

Sl. No.

PERIOD

REVISED RATES OF INTEREST W.E.F. 01.05.2017

FIXED DEPOSITS

1

30 days – 90 days

5.00%

2

91 days – 180 days

5.50%

3

181 days – 1 year

6.25%

4

1 year & above to less than 3 years

7.25%

5

3 years and above upto 5years

7.00%

6

For Senior Citizens, widow, registered societies like MACS and NGOs formed for benefit of common man and Public Charitable Trusts registered under I.T. Department

0.50 % Extra

(Only for 1 year and above)

(women – 58 years)

(Men – 60 years)

7

KANYA VIVAH YOJANA

9.00 %

3 years to 10 years

8

      SAVINGS BANK ACCOUNT

4.00%