Type of deposit | Existing Rate (%) (w.e.f 02.01.2023) | Revised Rate (% pa) (w.e.f15.05.2023) | ||||
(i) a) Savings Deposit | 3.50% | 3.50% | ||||
b) Savings New Scheme (Rules as per order no.-24/2006-07 dated 26-09-2006,) |
3.50% | 3.50% | ||||
(ii) Daily Deposit Scheme (Commonly known as Daily Savings Scheme) | 2.00% | 2.00% | ||||
(iii) Current Deposit | 0.00% | 0.00% | ||||
(iv) Term Deposit | With effect from 02.01.2023 | With effect from 15.05.2023 | ||||
Period |
General * |
Senior Citizen** | General* | Senior Citizen** | ||
ROI |
Eff. Rate** * |
ROI | Eff. Rate*** | |||
15 days to 45 days | 3.75% | 3.75% |
3.75 % |
– | 3.75% | – |
46 days to 90 days | 4.20% | 4.20% |
4.50 % |
– | 4.50% | – |
91 days to 179 days | 4.70% | 4.70% |
5.10 % |
– | 5.10% | – |
180 days to Less than 1Year | 5.30% | 5.30% |
5.40 % |
– | 5.40% | – |
1 Year to Less than 3 years | 6.50% | 7.00% |
6.80 % |
6.98%- 7.41% |
7.50% |
7.71%- 8.24% |
3 years | 6.85% | 7.35% |
6.90 % |
7.59% | 7.60% | 8.45% |
Above 3 Years to 5Years | 6.85% | 7.35% |
6.90 % |
7.66%- 8.16% |
7.60% |
8.53%- 9.14% |
Above 5 Years To10 Years. | 6.50% | 7.25% |
6.65 % |
7.88%- 9.34 % |
7.40% |
8.94%- 10.82% |