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Revision of Rate of Interest on Term Deposits with effect from 4th May, 2020
| Tenure | Revised Rate (%) | ||||
| Less than Rs. 1.00 Cr. | Rs. 1.00 Cr. & Above | ||||
| For General / Senior Citizen | |||||
| General | Senior Citizen | Rs. 1.00 Cr. and above but Less than Rs. 25.00 Cr. | Rs. 25.00 Cr. and above but Less than Rs. 100.00 Cr. | Rs. 100.00 Cr. and above | |
| 07-14 days | 4.00 | 4.00 | 3.25 | 3.30 | 3.50 |
| 15-29 days | 4.00 | 4.00 | 3.30 | 3.50 | 4.00 |
| 30-45 days | 4.15 | 4.15 | 3.60 | 3.75 | 4.15 |
| 46-90 days | 4.50 | 4.50 | 3.75 | 4.00 | 4.20 |
| 91-180 days | 5.25 | 5.25 | 3.80 | 4.05 | 4.25 |
| 181 to 364 days | 5.50 | 5.50 | 4.50 | 5.00 | 5.50 |
| 1 year | 6.00 | 6.35 | 6.00 | 6.10 | 6.20 |
| Above 1 year to less than 3 years | 6.00 | 6.60 | 4.25 | 4.50 | 4.75 |
| 3 yrs. to 5 yrs. | 5.90 | 6.15 | 4.25 | 4.25 | 4.25 |
| More than 5 yrs. | 5.75 | 6.00 | 4.00 | 4.25 | 4.50 |
| Revision of Interest rate on Special Scheme with effect from 4th May 2020 | ||
| For MIS Individual for 3 years | Revised Rate (%) | |
| Less than Rs. 1.00 Cr. | Rs. 1.00 Cr & Above | |
| For Common People | 5.90 | 4.25 |
| For Senior Citizens | 6.15 | 4.25 |
| Interest on Statutory Fund like RF, BDRF and ACSF | |
| Reserve Fund, Bad Debt Reserve Fund, Agriculture Credit Stabilization Fund [To be verified with supporting documents including Audit Reports] | Revised Rate (%) |
| 6.20 | |
Please note that:-
All concerned are requested to do the needful in this regard.
