INTEREST RATES ON DOMESTIC TERM DEPOSITS (W.E.F.21.11.2020 )
    Particulars Revised for Deposits less than Rs. 15 Lacs
    General / Co-operative Societies / Banks / Trusts / NRO (p.a.) Senior Citizens **(p.a.)
    7 days to 14 days 3.75% 3.75%
    15 days to 90 days 4.00% 4.00%
    91 days to 180 days 4.50% 4.50%
    181 days to 12 months 5.00% 5.00%
    Above 12 months to 36 months 5.50% 6.00%
    Above 36 months to 60 months 5.60% 6.10%
    Above 60 months to 120 months 5.75% 6.25%

    ** Interest rate applicable to senior citizen as per above table, will not be applicable to senior citizen for NRE/NRO Category.

Deposit Insurance
The Deposit Insurance System in India is subject to the Provisions of Deposit Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee Corporation (Wholly owned subsidiary of the Reserve Bank of India) is the body that operates the deposit insurance system.

To download more information click the following link : DICGC
(Website : www.dicgc.org.in )

Salary Overdraft Facility

An easy & convenient solution to enhance your financial flexibility!

Know More

FCNR Accounts

Fixed Deposit Account for NRIs

Know More