Deposit Interest Rate

Sr No. Name of Deposite Rate of Intrest Rate for senior Citizen
1 Current Deposite ---  
2 Savings Deposite 3.00%  
3 Vijya laxmi certificate 140 (months)  double
4 Fixed Deposite
From 60 dasy to 120 days 4.50%  
From 121 dasy to 180 days 5.00%  
From 181 dasy to 365 days 5.50%  
From 366 dasy to 554 days 6.75% 7.25%
From 555 dasy to 1000 days 7.00% 7.50%
 1001days and more 7.00% 7.50%

 

  • Deposite placed by the depositers are protected and secured by an insurance scheme up to Rs.500000.00 and insurance premiums are paid on time.
  • Monthly /Quarterly intrest is paid on deposite.
  • Senior citizen and institution (above 60 years of age) are given half a percentage more intrest.
  • The minimum intrest rate on bank loan is 9 percentage and the maximum intrest rate is 14 percentage.