Interest on Deposits

The manaement of the bank decided to change rates of interest payable on deposits as under with effect from 08th April, 2019.

Sr.   Tenure   Rate of Interest 
General
Public
Senior
Citizens
Single deposits of
Rs. 15 lakh or more for all
01 15 Days to 180 Days 6.50%  6.50% 6.50%
02 181 Days to 364 Days 7.00% 7.00% 7.00%
03 365 Days to 730 Days 8.00% 8.50% 8.50%
04 731 Days to 1096 Days 8.50% 8.50% 9.00%
05 "Dhanvarsh Jama Yojana"
1097 Days and above
9.00% 9.50% 9.50%
06 Saving Deposits 4.00% 4.00% ------
  • 0.50% more for Senior Citizens on deposits of one year or of more tenure.
  • 0.50% more on a single bulk deposit of Rs. 15 lakh and more for one year or of more tenure.
  • No double benefits of the rate of interest is permissible.

Latest News

 21, Mar, 2016

We hereby revise them w.e.f 8th April 2019
Read More...


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