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SAVINGS BANK DEPOSITS

Rate of Interest Per Annum w.e.f.

Deposit Type 11.07.2020

Revised

Domestic/NRO/ NRE Rupee Savings Bank

2.90%
Deposits

DOMESTIC TERM DEPOSITS

Interest Rates on Domestic Term Deposits of less than Rs. 2.00 Crore w.e.f October 11,
2020

Revised Interest
Current Interest Rates per Annum
Maturity Period Deposit Type
Rates per Annum w.e.f October 11,
2020

7 days to 30 days Domestic/NRO 3.00% 3.00%

31 days to 45
Domestic/NRO 3.10% 3.10%
days

46 days to 90
Domestic/NRO 3.75% 3.25%
days

91 days to 180
Domestic/NRO 4.00% 4.00%
days

181 days to 270

Domestic/NRO 4.40% 4.40%
days

271 days to less

Domestic/NRO 4.50% 4.50%
than 1 Year
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1 year to less
Domestic/NRO/NRE 5.10% 5.10%
than 2 years

2 years to less
Domestic/NRO/NRE 5.20% 5.20%
than 3 years

3 years to less
Domestic/NRO/NRE 5.30% 5.30%
than 5 years

5 years to less
Domestic/NRO/NRE 5.30% 5.30%
than 10 years
The above rates are applicable for fresh deposits and renewal of maturing deposits for amounts
less than Rs 2.00 Crores. The minimum contract period of NRE deposits is 1 year.

 
Domestic Term Deposits of Senior Citizens of over 60 years of age shall continue to earn 0.50
% additional rate across all maturities.

The Interest rates applicable for Withdrawable Term Deposits w.e.f May 11, 2021 are as
under:

Maturity Period Deposit Type Current Interest Revised

Rates per Interest Rates
Annum per Annum

7 days to 30 days Domestic/NRO 2.90% 2.90%

31 days to 45 days Domestic/NRO 3.00% 3.00%

46 days to 90 days Domestic/NRO 3.10% 3.10%

91 days to 180 days Domestic/NRO 3.25% 3.25%

181 days to 270 days Domestic/NRO 3.25% 3.25%

271 days to less than 1 Year Domestic/NRO 4.00% 3.50%

1 year to less than 2 years Domestic/NRO/NRE 3.75% 3.75%

2 years to less than 3 years Domestic/NRO/NRE 4.00% 4.00%

3 years to less than 5 years Domestic/NRO/NRE 4.00% 4.00%

5 years to less than 10 years Domestic/NRO/NRE 4.00% 4.00%

The above rates are applicable for fresh term deposits and renewal of maturing term
deposits for amounts of 2.00 Crore to less than 5.00 Crore .The minimum contract period
of NRE term deposits is 1 year.
Domestic Term of Senior Citizens of over 60 years of age shall continue to earn additional
interest rate of 0.50% across all maturities in this segment.
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The Interest rates applicable for Non-Withdrawable Term Deposits w.e.f May 11, 2021 are
as under:

Revised Interest Rates per Annum (Non-

 
 
 
 
Withdrawable)
Maturity Period Deposit Type

 
 
For Rs 2.00 Crs to Above Rs 2.50 Crs to Less
Rs 2.50 Crs than Rs 5.00 Crs

91 days to 180 days Domestic/NRO 3.35% 3.35%

181 days to 270 Domestic/NRO 3.35% 3.35%

days

271 days to less Domestic/NRO 3.60% 3.60%

than 1 year

1 year to less than 2 Domestic/NRO/NRE 3.85% 3.85%

years

2 year to less than 3 Domestic/NRO/NRE 4.10% 4.10%

years

The minimum contract period of NRE Term Deposits is 1 Year.