Interest Rates

Interest Rate of Deposits

updated on June 03, 2017
  • SB Account - Rate of interest 4%
  • Current Account - 0% Minimum Balance Rs 1000 only.

Fixed Deposit [Domestic]

Fixed Deposit Interest Rates with effect from 16-February-2018
Period General Senior Citizens
30 days to 45 days 6.00% 6.00%
46 days to 90 days 6.50% 6.50%
91 days to 180 days 7.00% 7.00%
181 days to 364 days 7.75% 7.75%
Below 15 Lakh 12 Months 8.00% 8.50%
Above 15 Lakh 12 Months 8.25% 8.25%
13 Months to 36 Months 7.50% 8.00%
37 Months to 120 Months 7.25% 7.75%

NR (E) FD interest rate with effect from 16-October-2017

1 years to 3 years 8.00%
Bulk Deposits above 15 Lakh (1 year to 3 years) 8.25%

HOUSING LOAN EMI SCHEME

Housing Loan Interest Rate with effect from 25-Apr-2016
Amount Interest Rate
upto Rs 10 Lakh 12.50%
Above 10 Lakh 12.90%

Housing Loan Floating

upto Rs 10 Lakh 10.90%
Above 10 Lakh 11.50%

Housing Loan EMI

upto Rs 10 Lakh 12.50%
Above 10 Lakh 12.90%

Revised rate of Interest rates on Term Loans with effect from 25-Apr-2016

Loan Interest Rate
Mortgage Loan (Business) 12.90%
General Loans 13.50%
Over Draft 11.50%
People's Gold Overdraft 10.50%
People's Festival Overdraft 12.90%
Pensioner's Loan Scheme 12.90%
Mortgage Loan 13.50%
Vehicle Loan 10.90%

Gold Loan With effect from 17-Feb-2018

Period Interest Rate Maximum Rate of Advance
15 Days 07.00% Rs. 2300/- per gram
01 Month 07.90% Rs. 2250/- per gram
03 Months 08.90% Rs. 2200/- per gram
06 Months 09.90% Rs. 2000/- per gram

Gold Loan Bullet Repayment Scheme

  Interest Rate Period Maximum Rate of Advance
up to Rs 2 Lakh 09.90% 12 Months Rs 1,800/- per gram