REVISED INTEREST RATE (W.E.F. 1ST APRIL, 2023)

Period of Deposit General Sr. Citizen Non-Profitable Social & Sports related Organizations. (upto 5,00,000/-)
7 Days to 45 Days 3.25 3.75
46 Days to 179 Days 4.50 5.00  –
180 Days to 210 Days 5.40 5.90
211 Days to less than 1 Year 5.85 6.35
1 Year & less than 2 Years 6.90 7.40 7.40
2 Years & less than 3 Years 7.10 7.60 7.60
3 Years & less than 5 Years 6.60 7.10 7.10
5 Years & up to 10 Years 6.70 7.20 7.20
Members’ Special Deposit for 3 Years (up to and a maximum of Rs. 5,00,000/-) 7.00
Saving Account ₹ 1 to ₹ 10,00,000 2.95
₹ 10,00,001 to ₹ 50,00,000 3.00
₹ 50,00,001 & above 3.05

The rates will be implemented with effect from 1st April, 2023

The above rates will apply only for fresh deposits and renewals.

Recurring Deposits & RIP Deposits shall be accepted not below 1 year.

A 1% penal rate shall be levied for premature deposit closure as per the pre-mature closure rule.