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Fixed Deposit and Interest Rates Overview

The document outlines the interest rates for Fixed Deposits (FDs), Recurring Deposits, and Savings Deposits, detailing rates for both callable and non-callable FDs based on tenure and customer category (regular and senior citizens). It also includes the Marginal Cost of Funds based Lending Rate (MCLR) and External Benchmark Rates (EBLR) effective from specified dates. The rates vary significantly depending on the tenure and type of deposit, with senior citizens receiving slightly higher rates.

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13 views3 pages

Fixed Deposit and Interest Rates Overview

The document outlines the interest rates for Fixed Deposits (FDs), Recurring Deposits, and Savings Deposits, detailing rates for both callable and non-callable FDs based on tenure and customer category (regular and senior citizens). It also includes the Marginal Cost of Funds based Lending Rate (MCLR) and External Benchmark Rates (EBLR) effective from specified dates. The rates vary significantly depending on the tenure and type of deposit, with senior citizens receiving slightly higher rates.

Uploaded by

jobnew999
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Fixed Deposit Rate of Interest

Callable FDs

TENURE Upto 3 cr

Regular Senior

7 - 29 Days 3.50% 4.00%

30 - 45 Days 4.25% 4.75%

46 Days to 3 months 4.75% 5.25%

3 months 1 Day to 6 months 5.50% 5.75%

6 months 1 Day to 12 months 6.75% 7.00%

12 months 1 Day to 18 months 8.00% 8.00%

18 months 1 Day to 18 months 2 day 8.50% 8.50%

18 months 3 Day to 36 months 8.25% 8.25%

36 months 1 Day to 60 months 7.75% 8.25%

60 months 1 Day to 120 months 6.50% 6.75%

Non-Callable FDs

TENURE 1cr to 3cr

Regular Senior

7 - 29 Days 3.75% 4.25%

30 - 45 Days 4.50% 5.00%

46 Days to 3 months 5.00% 5.50%

3 months 1 Day to 6 months 5.75% 6.00%

6 months 1 Day to 12 months 7.00% 7.25%

12 months 1 Day to 18 months 8.25% 8.25%

18 months 1 Day to 36 months 8.50% 8.50%

36 months 1 Day to 60 months 8.00% 8.50%

60 months 1 Day to 120 months 6.75% 7.00%

10th June 2025


* Effective from 27

* Premature withdrawal of callable deposits will incur a penalty of 1% over the interest rate applicable for the actual
deposit period

* For deposits greater than 3cr, please reach out to bank branches
Recurring Deposit Rate of Interest

Tenure From Tenure Upto Card Rates up to 2 cr. Senior Citizen upto 2 cr.

0 Month 7 days 9 Months 0 days 4.50% 4.75%

9 Months 1 days 12 Months 0 days 5.00% 5.25%

12 Months 1 days 24 Months 0 days 7.50% 7.75%

24 Months 1 days 36 Months 0 days 8.50% 8.75%

36 Months 1 days 48 Months 0 days 8.00% 8.25%

48 Months 1 days 60 Months 0 days 8.00% 8.25%

60 Months 1 days 72 Months 0 days 7.50% 7.75%

72 Months 1 days 120 Months 0 days 6.25% 6.50%

* Effective from 22nd August 2024

SAVINGS DEPOSIT RATE


Flat 5.50% p.a with interest paid daily

*Last updated on 6th June 2025

The Marginal Cost of Funds based Lending Rate (MCLR) with effect from 9th April 2025, for various tenors are as
given under:

MCLR Rate

Period Rate

O/N 15.76%

1M 16.04%

3M 16.21%

6M 16.36%

1 Year 16.30%

External Benchmark Rates (EBLR) effective from 6th June 2025 are as under:

EBLR Rate

EBLR Rate

O/N 5.50%

1M 5.50%
EBLR Rate
3M 5.50%

6M 5.50%

1 Year 5.50%

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