व्याज दर

देशांतर्गत मुदत ठेवी

• Note that the special product with 65-days maturity is withdrawn and rate of interest on term deposits with 65-days maturity will be same as applicable to the maturity band 61 days to 90 days.
• The rates of interest for deposit amount more than Rs.5 crore mentioned above are INDICATIVE ONLY. The actual rate of interest on such deposits will be decided by the Treasury and International Banking Division (TIBD), Mumbai from time to time depending on market conditions. Branches are advised to take prior approval of the interest rate and amount of deposit from Treasury and International Banking Division (TIBD), Mumbai through their respective Regional Offices. This is applicable for both fresh deposits and renewal of existing deposits above Rs.5 crore.
• Before accepting deposits above Rs.5 cr branches must invariably confirm the rate of interest from TIBD through their Regional Offices.
• In case, rate given by TIBD on a deposit above Rs.5 cr is same as the indicative rate given in the aforementioned table; such deposit will be treated as normal deposit and not as DRI deposit. Branches must ensure that card rate deposits are not opened under Special Rate Deposit product.
• The rate of interest on Bank Term Deposits Scheme, 2006 (Tax Saving Scheme for 5 year term deposit) upto investments of Rs.1.00 Lakh only will be 9.00%.
• A member or a retired member or the spouse of a deceased member or spouse of a deceased retired member of the Bank's staff will be offered an additional interest rate of 1.00% only upto an amount of Rs.1.00 crore ONLY.
• However, the benefit of additional interest rate of 1.00% will be available to the associations or a fund, members of which are Bank's staff members, beyond a deposit amount of Rs.1 crore also.
• Resident Indian Senior Citizens will be offered an additional rate of 0.50% p.a. only for maturity slabs of 91 days to less than one year and 0.75% p.a. only for maturity slabs of one year and above. The additional interest is not applicable to any type of non-resident deposits.
• Senior citizen retired members of staff of the Bank will be given dual benefit of additional interest offered to retired staff members and senior citizens as well.
• Interest rates offered on recurring term deposits will be same as applicable to term deposits.
• Deposits to be accepted for a maximum period of 10 years.
• In case of premature withdrawal of deposits, interest is payable at the rate applicable to the period for which deposit has been actually held with the Bank.
• On premature withdrawal of term deposits, for deposits upto 1 year maturity (tenor at the time of opening the account) there will NO PENALTY on the applicable interest rate. Interest rates on prematurely withdrawn term deposits with maturity period more than 1 year will be 1% below the applicable rate.
• The revised rates would be applicable for all NRO term deposits.
• All rates are subject to change from time to time.