The Rate of Interest on Deposits has been revised in the Board of Directors Meeting dated
05/01/2026.
Following is the revised chart for Interest on Deposits.
| With Effect From 20/01/2026 | ||||||||
| No. | Period | Domestic Deposits | NRE Deposits (In Rs.) |
|||||
|---|---|---|---|---|---|---|---|---|
| General Deposit less than Rs.100 Lakh | Senior Citizen Deposit less than Rs.100 Lakh | Bulk Deposits of Rs 100 Lakh and above ( Including Senior Citizen & Staff) |
General Deposit less than Rs.100 Lakh | Bulk Deposits of Rs 100 Lakh and above ( Including Senior Citizen & Staff) |
||||
| 1 | 7 Days to 14 days | 3.00% | 3.25% | 3.00% | N.A. | N.A. | ||
| 2 | 15 Days to 90 Days | 4.00% | 4.25% | 3.25% | N.A. | N.A. | ||
| 3 | 91 Days to 180 Days | 4.50% | 4.75% | 4.25% | N.A. | N.A. | ||
| 4 | 181 Days to below 365 Days | 5.75% | 6.25% | 4.75% | N.A. | N.A. | ||
| 5 | 12 Months to 18 months | 6.60% | 7.10% | 5.75% | 6.60% | 5.75% | ||
| 6 | Above 18 Months to 3 years | 6.70% | 7.20% | 5.80% | 6.70% | 5.80% | ||
| 7 | Above 3 Years to 5 Years | 6.75% | 7.25% | 6.75% | 6.75% | 6.75% | ||
| 8 | Above 5 Years to 10 Years | 6.30% | 6.80% | 5.70% | 6.30% | 5.70% | ||
| 9 | Tax Saving Scheme for deposit of an individual / HUF for 5 years for exemption under Sec.80C of the Income Tax Act, 1961, (Excluding RD Deposit), Maximum Rs. 1.50 Lakh. | 6.75% | 6.75% | N.A. | N.A. | N.A. | ||
| 10 | Interest Rates on Savings Deposit @ 2.75% p.a. with effect from 15/04/2021 will continue. | 11 | Term Deposits includes all types of Term Deposits including Recurring Deposits. | 12 | Staff and Retired Staff including Senior Citizen Staff will get 1% additional interest applicable to general category, except for Tax Saving Scheme & Bulk Deposits. | |||
| 13 | In case of premature withdrawal of term deposit, the rate of interest shall be 1% below the contracted rate or the rate applicable at the time of Deposits for the period Deposit remained with the Bank, whichever is lower. | |||||||
Note :
1) The above changes are effective from 20/01/2026
