| REVISED RATE OF INTEREST ON DEPOSIT | |||||
| Existing Rate | Revised Rate | ||||
| SL No | Tenure | For General | Senior Citizen | For General | Senior Citizen |
| 1 | 07-14 days | 3.80 | 3.80 | 3.80 | 3.80 |
| 2 | 15-29 days | 3.85 | 3.85 | 3.85 | 3.85 |
| 3 | 30-45 days | 4.00 | 4.00 | 4.30 | 4.30 |
| 4 | 46-90 days | 4.50 | 4.50 | 4.50 | 4.50 |
| 5 | 91-180 days | 5.25 | 5.25 | 5.25 | 5.25 |
| 6 | 181-364 days | 5.75 | 5.75 | 5.75 | 5.75 |
| 7 | 1 Year | 7.00 | 7.50 | 7.25 | 7.75 |
| 8 | 555 Days High Income Deposit Scheme | 7.40 | 7.80 | ||
| 9 | Above 1 year to less than 3 years | 6.90 | 7.30 | 7.10 | 7.45 |
| 10 | 3 year to less than 5 years | 6.80 | 7.10 | 7.00 | 7.35 |
| 11 | 5 year to 10 years | 6.70 | 7.00 | 6.70 | 7.00 |
| SL No | Tenure | Existing Rate | Revised Rate | ||
| 1 | Reserve Fund, Bad Debt Fund, Agriculture Credit Stabilisation Fund of societies | 7.70 | 7.70 | ||
| Existing Rate | Revised Rate | ||||
| SL No | Tenure | For General | Senior Citizen | For General | Senior Citizen |
| 1 | For MIS Individual upto 3 years | 7.00 | 7.50 | 7.05 | 7.60 |
| 2 | For MIS Individual for 3 to 5 years | 6.80 | 7.30 | 6.90 | 7.40 |
| 3 | For QIS Individual for 2 years | 6.60 | 7.10 | 6.70 | 7.20 |
| 4 | For QIS Individual for above 2 to 5 years | 6.40 | 6.80 | 6.50 | 6.90 |
| Senior Citizen special MIS Scheme | |||||
| Interest payment | Minimum and maximum deposit amount | ||||
| Individuals who open an Senior Citizen special MIS Scheme account get an interest on the principal deposited amount at the rate fixed by the bankt. They will receive a monthly interest against their deposited amount. Interest payment will be credited to an individual's account on the due date. | The minimum deposit is Rs.50000/- and there are no maximum limit. The deposits can be made in the multiples of Rs.1,000. | ||||
| Maturity of the scheme | Premature closure | ||||
| The maturity period of SCSS is 5 years. However, individuals can extend the maturity period for 3 more years by submitting an application. | Individuals can not withdraw the amount before three year of opening the account. A normal penalty impose if closed after three years but within five years of opening it. | ||||
| interest rate | The current interest rate applicable to the Scheme is 8.05% p.a. | ||||
| Loan/Overdraft Facility | can be taken after start the scheme | ||||
| Eligibility | maximum 90% on Principal Value | ||||
| Rate of Interest | 9.00% | ||||
| Double Benefit Scheme | 119 month | ||||
| NB: | |||||
| 1. If any customer invest 555 days' "High Income Deposit Scheme",but subsequently opts to premature his/her investments savings rate will be levied in such cases.No extra interest percentage will be endowed to present staff ,retired staff and societies.Interest calculation on Investments in this particular scheme will be simple and not compuning | |||||
| 2. Investment Under the double benefit scheme will be locked for 3 years.Before completion of 3 years if any customer opts to premature any such investments his/her investments shall attract savings rate of interest.After completion of three years if any customer opts to premature his/her investments then his/her investments shall attract prematurity condition of that year. | |||||
| 3. No extra interest percentage will be endowed to retired staff and societies. (Senior Citizen special MIS Scheme) | |||||
Savings Account Interest Rate
| Type | Existing Rate | Revised Rate |
| General Public | 3.50 | 3.50 |
| Senior Citizen | 4.00 | 4.00 |
Savings Account Interest Rate
| Account Type | Rate p.a | |
| Domestic and Non-Resident Rupee Savings Bank Account | ||
| a. | Daily Balance up to ₹1 lakh | 3.5%/4% |
| b. | Daily Balance above ₹1 lakh to ₹10 lakh | 5.00% |
| c. | Daily Balance above ₹10 lakh | 6.00% |
Rate of Interest on the following Loans also has been revised as follows :
| LOAN TYPE | REMARKS | Existing Rate | Revised Rate |
| Home Loan | Salary linked | 10.00 | 10.50 |
| Fixed | Non-Salary linked | 10.50 | 11.00 |
| Home Loan (Floating Interest) | Salary linked | 8.70 | 9.00 |
| Non-Salary linked | 9.60 | 9.80 | |
| House Repairing Loan | Salary linked | 11.50 | 11.60 |
| Non-Salary linked | 12.00 | 12.10 | |
| Land Purchase | Maximum Team-5 Years | 10.50 | 10.60 |
| Personal Loan | Salary linked (with 5% collateral security) | 12.00 | 12.00 |
| Salary linked (without collateral security) | 12.50 | 12.50 | |
| Non Salary Earner (with 10% collateral security) | 14.00 | 14.00 | |
| Cash Credit | 10.00 | 9.50 | |
| ECCS | 11.00 | 11.00 | |
| Loan Against NSC/KVP/LIC (100% Security) | 10.00 | 10.00 | |
| Car/Motorcycle Loan | Maximum term 7 Years (Salary linked) | 9.00 | 9.30 |
| Maximum term 7 Years (Non-Salary linked) (with 20% collateral security) | 10.00 | 9.50 | |
| BSKP/PMEGP | 15.00 | 15.00 | |
| TOP UP LOAN (Floating Interest) | Salary linked | 9.50 | |
| Non-Salary linked | 10.25 |