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Rate Of Interest On Term Deposits


Fixed deposit schemes and interest


Interest Rate from w.e.f. 01-10-2017
Sr.No.
Period
General Depositors
Senior Citizen / All types of Registered Co-op. Society / Registered Charitable Trust for Interest Rate
1
15 to 90 days
4.00 %
4.00 %
2
91 to 180 days
5.00 %
5.00 %
3
181 days to 12 months
6.00 %
6.00 %
4
Above 1 year to 2 years
7.50 %
8.00 %
5
Above 2 years to 3 years
7.25 %
7.75 %
6
Above 3 years to 5 years
7.60 %
8.10 %
7
More than 5 years
7.00 %
7.50 %






0.50% Additional Intrest

On deposit more than 1 year 0.5 % more interest for        senior citizen, 60 year above.

 Deposit (trust and co-operative society, Registered        charitable trust)

  Loan facility available


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Address: 217, Raja Rammohan Roy Road, Girgaum, Mumbai- 400 004.