RATE OF INTEREST ON DEPOSIT ACCOUNTS

  VIEW HISTORY DATA
1. SAVINGS BANK ACCOUNT
Nature of Account Rate of Interest (%) w.e.f. 03.05.2011
a. Domestic 4.00
b. Grama Jyothi (GJSB -No Frill Account) 4.00
c. NRO 4.00
d. NRE 4.00
2. GRAMIN TAX SAVER DEPOSITS (W.E.F 01.10.2012)
Period Rate of Interest
5 years only

9.00

3. NITHYA NIDHI DEPOSIT (NND) SCHEME
Period Rate of Interest (%) w.e.f. 01.03.2004
5 years only

3.00

For accounts closedbefore maturity, the following rates are applicable
Less than 12 months 0.00
12 months to less than 24 months 1.00
24 months to less than 60 months 2.00
4. TERM DEPOSITS (DOMESTIC & NRO) WITH EFFECT FROM 01st JULY, 2013
PERIOD For deposits of less than ` 15 lakhs (Non-bulk deposits) Single Bulk Deposits of ` 15 lakhs to less than `1 Crore Single Bulk deposits of ` 1 Crore & above
General Public Senior Citizen General Public Senior Citizen General Public Senior Citizen
7 – 14 days*

3.75

4.25

3.75

4.25

4.00

4.00

15 – 45 days

5.00

5.50

5.00

5.50

5.25

5.25

46 – 90 days

7.25

7.75

7.25

7.75

7.50

7.50

91 – 179 days

8.00

8.50

8.00

8.50

8.25

8.25

180 days TO less than 1year

8.50

9.00

8.50

9.00

8.75

8.75

One Year to Lessthan 2 years

9.00

9.50

9.00

9.50

9.50

9.50

2 year to less than 3years

9.00

9.50

9.00

9.50

9.25

9.25

3 years to lessthan 5 years

9.00

9.50

9.00

9.50

9.00

9.00

5 years to less than 7 years

9.00

9.50

9.00

9.50

9.00

9.00

7 years and Above

8.75

9.25

8.75

9.25

8.75

8.75

The incentive to Senior Ctiizen is not applicable in the case of RD and NND

* For deposits above Rs. 2 lakhs only.