Highest interest rate offered by the bank is 6.8% and extra 0.5% for senior citizens.
| S. No |
Period of deposit |
Revised Interest rates (% PA) w. e. f 01.02.2023 |
| Up to ₹ 1 Cr | ||
| 1. | 0 days to less than 7 days | -- |
| 2. | 7 days to 14 days | 3.20 |
| 3. | 15 days to 29 days | 3.30 |
| 4. | 30 days to 45 days | 3.30 |
| 5. | 46 days to 60 days | 4.25 |
| 6. | 61 days to 90 days | 4.50 |
| 7 | 91 days to 119 days | 4.50 |
| 8 | 120 to 179 days | 4.60 |
| 9 | Exact 180 days | 5.50 |
| 10 | 181 days to 270 days | 5.80 |
| 11 | 271 days to 364 days | 5.80 |
| 12 | 1 year exact | 6.75 |
| 13 | Above 1 year and less than 2 years | 6.80 |
| 14 | 2 years and less than 3 years | 6.80 |
| 15 | 3 years and up to 5 years | 6.70 |
| 16 | Above 5 years and up to 10 years | 6.50 |
Note:
- Additional interest rate of 0.50% for Senior Citizens is available for Domestic Term Deposits up to 1 Cr and with tenor of 181 Days and above but less than 3 years.
- Additional interest of 0.6% for Senior Citizens is available for Domestic Term Deposits up to Rs.1 Cr and with tenor of 3 years and above.
- The above Rate of interest is applicable to Recurring deposits
Penalty:
A penalty of 1.00% shall be levied for premature closure / Partial Withdrawal of Domestic/NRO term deposits. However, no interest will be payable on domestic / NRO term deposits prematurely closed/ prematurely extended before completion of 7th day.
Revision of interest rates on NRE Term Deposits (in Rupees)
| Period |
Revised Interest rates w. e. f 01.02.2023 |
| Up to ₹ 1 Crore | |
| 1 year exact | 6.75 |
| Above 1 year and less than 2 years | 6.80 |
| 2 years and less than 3 years | 6.80 |
| 3 years and up to 5 years | 6.70 |
| Above 5 years and up to 10 years | 6.50 |
Pragathi SIRI-400 – Revision of ROI till 28.02.2023
|
Rate of Interest - 400 Days |
7.15 % p.a. for General public*** |
| 7.20% p.a. for Women General Public*** | |
| 7.65% p.a. for Senior Citizens*** | |
| 7.70% p.a. for Women Senior Citizens*** |
*** For women customers an additional rate of 0.05% is offered.
Pragathi SIRI-666 – Revision of ROI till 28.02.2023
|
Rate of Interest - 666 Days |
7.25 % p.a. for General public*** |
| 7.30% p.a. for Women General Public*** | |
| 7.75% p.a. for Senior Citizens*** | |
| 7.80% p.a. for Women Senior Citizens*** |
*** For women customers an additional rate of 0.05% is offered.