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Rate Of Interest On Term Deposits


Fixed deposit schemes and interest


Interest Rate from w.e.f.(01-03-2023)
New Interest Rate from w.e.f.(01-06-2024)
SR.NO Period General Depositors Senior Citizen / All types of Registered Co-op. Society / Registered Charitable Trust for Interest Rate General Depositors Senior Citizen / All types of Registered Co-op. Society / Registered Charitable Trust for Interest Rate
1 7 to 45 days 3.50% 4.00% 3.50% 4.00%
2 46 to 179 days 4.75% 5.25% 5.50% 6.00%
3 180 days to 210 days 5.75% 6.25% 6.00% 6.50%
4 211 days to below 1 year 6.00% 6.50% 6.25% 6.75%
5 1 year to below 2 year 6.80% 7.30% 6.80% 7.30%
6 2 year to below 3 year 7.00% 7.50% 7.00% 7.50%
7 3 year to below 5 year 6.75% 7.25% 6.75% 7.25%
8 5 year to 10 year 6.50% 7.50% 6.50% 7.50%


1 Scheme AMRIT KALASH
2 Valid Till 30.09.2024
3 Period of Deposits 400
4 Eligible Deposits i) Domestic Retail Term Deposit
ii) New and Renewal Deposits
iii) Term Deposit and Special Term Deposit only
5 Interest Rate 7.10% General Public
7.60% Senior Citizen.
6 Pament of Interest i) Term Deposit- at monthly/Quarterly Special Term Deposit on Maturity
ii) Interest, net of TDS, shall we credited to customers account
7 TDS At applicable rate as per Income Tax act
8 Premature Withdrawal As applicable for Retail Term Deposit.
9 Loan Facility Available
10 Auto Renewal Not Available






0.50% Additional Interest

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.