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Interest Rates - Term Deposits

It has been decided to revise Interest Rates on Term Deposits with effect from August 1st, 2017 till further instructions.
The revised interest rates on term deposits will be as under:

Sl. No. Period Revised Interest Rates w.e.f. 01.08.2017
1 7 days to 14 days 5.60%
2 15 days to 45 days 5.60%
3 46 days to 90 days 6.60%
4 91 days to 179 days 6.60%
5 180 days to 210 days 6.85%
6 211 days to below 1 year 7.00%
7 1 year to less than 2 years 7.00%
8 2 years to less than 3 years 6.60%
9 3 years to below 5 years 6.60%
10 5 years to below 10 years 6.60%

1) The above rates are applicable for NRE deposits also.
2) Senior citizens will get an additional interest rate of 0.50% over card rate for 1 year and above Deposits.
3) Revised rates on deposit are applicable on new deposits and also for the existing deposits on their renewal.

Please Contact Your Branch for further details.