Interest Rates on Domestic Term Deposits(% Per Annum)
(Effective from 08-08-2018) |
|---|
| Period |
Below 1 Crore |
1 Crore & Above |
| 7 to 14 days (Minimum amount of deposit Rs 5 lac) |
3.50% |
3.00% |
| 15 days to 29 days |
4.00% |
3.50% |
| 30 days to 90 days |
5.00% |
4.50% |
| 91 days to 179 days |
5.50% |
5.00% |
| 180 days to less than 1 year |
6.25% |
5.75% |
| 1 Year |
6.50% |
6.00% |
| Above 1 Year to less than 3 Years |
6.50% |
6.00% |
| 3 Years |
6.75% |
7.00% |
| Above 3 Years to less than 7 Years
|
6.50% |
6.00% |
| 7 Years to and including 10 Years |
7.00% |
6.50% |
| Interest Rate for Acharya Deposits effective from 08-08-2018 |
|---|
| Period |
Below 1 Crore |
1 Crore & Above |
| 180 days to less than 1 Year |
6.75% |
5.75% |
| 1 Year |
7.00% |
6.00% |
| Above 1 Year to less than 3 Years |
7.00% |
6.00% |
| 3 Years |
7.25% |
7.00% |
|
Above 3 Years to less than 7 Years |
7.00% |
6.00% |
| 7 Years to and including 10 Years |
7.50% |
6.50% |
Effective from 01.01.2007, where term deposits (opened on or after 01.01.2007) are closed prematurely, the rate of interest payable shall be the one as applicable for the period for which the deposit actually remained with the bank, ruling on the date of the deposit, less 1% penalty.
| Annualised Yield for Domestic Term Deposits (% Per Annum) |
|---|
| Period |
Deposits of less than Rs 100 lac |
| 1 Year |
6.66% |
| 2 Years |
6.88% |
| 3 Years |
7.41% |
| 4 Years |
7.36% |
| 5 Years |
7.61% |
| 6 Years |
7.87% |
| 7 Years |
8.15% |
| 8 Years |
8.44% |
| 9 Years |
8.74% |
| 10 Years |
9.06% |
| ACHARYA DEPOSITS |
|---|
| Period |
Below 1 Crore |
| 1 Year |
7.19% |
| 2 Years |
7.44% |
| 3 Years |
8.02% |
| 4 Years |
8.00% |
| 5 Years |
8.30% |
| 6 Years |
8.61% |
| 7 Years |
8.93% |
| 8 Years |
9.28% |
| 9 Years |
9.64% |
| 10 Years |
10.02% |
| Interest Rates on Domestic Savings Bank Deposits (w.e.f. 01/08/2018) |
|---|
| Slab |
End of the Day Balance |
Rates of Interest (p.a.) |
| 1 |
Up to Rs 1 Lakh |
3.50% |
| 2 |
Above Rs 1 Lakh to Rs 50 lakh |
3.50% for amount upto Rs 1 Lakh
4.00% for the remaining balance (of above Rs 1 Lakh) |
| 3 |
Above Rs 50 Lakh |
3.50% for amount upto Rs 1 Lakh
4.00% for amount above Rs 1 Lakh and upto Rs 50 Lakh
5.00% for the remaining balance (Above Rs 50 Lakh) |
Please confirm the interest rates with any of our nearby branches before remittance.
| Interest Rates on NRE Term Deposits (% p.a.) w.e.f. 08-08-2018 |
|---|
| Maturity Period |
Below 1 Crore |
1 Crore & Above |
| 1 Year |
6.50% |
6.00% |
| Above 1 Year to less than 3 Years |
6.50% |
6.00% |
| 3 Years |
6.75% |
7.00% |
| Above 3 Years to less than 7 Years |
6.50% |
6.00% |
| 7 Years to and including 10 Years |
7.00% |
6.50% |
Daily interest rate quote is made applicable for deposits of Rs. 5 Crore and above with effect from 29.04.2017 onwards
| Annualised Yield for NRE Term Deposits (% Per Annum) |
|---|
| Maturity Period |
Below Rs.100 Lac |
| 1 Year |
6.66% |
| 2 Years |
6.88% |
| 3 Years |
7.41% |
| 4 Years |
7.36% |
| 5 Years |
7.61% |
| 6 Years |
7.87% |
| 7 Years |
8.15% |
| 8 Years |
8.44% |
| 9 Years |
8.74% |
| 10 Years |
9.06% |
| Interest Rates on FCNR(B) Term Deposits (% p.a.) w.e.f. 01-10-2018 |
|---|
| MATURITY PERIOD |
USD |
GBP |
EUR |
YEN |
CAD |
AUD |
| 12 months to less than 24 months |
3.28% |
1.44% |
0.26% |
0.55% |
2.90% |
2.47% |
| 24 months to less than 36 months |
3.48% |
1.65% |
0.40% |
0.57% |
3.03% |
2.55% |
| 36 months to less than 48 months |
3.51% |
1.78% |
0.59% |
0.60% |
3.11% |
2.64% |
| 48 months to less than 60 months |
3.52% |
1.87% |
0.74% |
0.62% |
3.15% |
2.90% |
| 60 months only |
3.55% |
1.94% |
0.89% |
0.66% |
3.18% |
3.00% |
* Lock in period of one year is applicable
| Annualised Yield for FCNR(B) Term Deposits (% per annum) |
|---|
| MATURITY PERIOD |
Interest Rate (p.a.) |
| USD |
GBP |
EUR |
YEN |
CAD |
AUD |
| 12 months to less than 24 months |
3.28% |
1.44% |
0.26% |
0.55% |
2.90% |
2.47% |
| 24 months to less than 36 months |
3.57% |
1.67% |
0.40% |
0.58% |
3.10% |
2.60% |
| 36 months to less than 48 months |
3.67% |
1.82% |
0.59% |
0.60% |
3.23% |
2.73% |
| 48 months to less than 60 months |
3.75% |
1.93% |
0.75% |
0.63% |
3.33% |
3.05% |
| 60 months only |
3.84% |
2.03% |
0.91% |
0.67% |
3.42% |
3.21% |
| Interest Rates on NRO Term Deposits (% p.a.) |
|---|
Same as for Domestic Term Deposits
| Interest Rate on Non Resident Savings Deposits (% p.a.) w.e.f. 01/08/2018 |
|---|
| Slab |
End of the Day Balance |
Rates of Interest (p.a.) |
| 1 |
Up to Rs 1 Lakh |
3.50% |
| 2 |
Above Rs 1 Lakh to Rs 50 lakh |
3.50% for amount upto Rs 1 Lakh
4.00% for the remaining balance (of above Rs 1 Lakh) |
| 3 |
Above Rs 50 Lakh |
3.50% for amount upto Rs 1 Lakh
4.00% for amount above Rs 1 Lakh and upto Rs 50 Lakh
5.00% for the remaining balance (Above Rs 50 Lakh) |
Please confirm the interest rates with any of our nearby branches before remittance.
No penalty will be levied for premature closure of NRE & FCNR (B) term deposits w.e.f. 01.12.2011. Thus, where NRE & FCNR (B) term deposits are closed prematurely on orafter 01.12.2011, the rate of interest payable shall be the one as applicable for theperiod for which the deposit actually remained with the bank, ruling on the date of thedeposit,without deducting any penalty. But no interest will be payable where premature withdrawal of deposits takes place before completion of the minimum period prescribed for NRE & FCNR (B) Term Deposits (i.e. 1 year).
