Interest Rates

Interest Rate of Deposits

updated on July 05, 2025
  • SB Account - Rate of interest 3%
  • Current Account - 0% Minimum Balance Rs 1000 only.

Fixed Deposit [Domestic]

Fixed Deposit Interest Rates with effect from 05-July-2025
Period General Senior Citizens Super Senior Citizens
30 days 5.00% 5.50% 5.75%
31 days to 46 days 5.00% 5.50% 5.75%
47 days to 90 days 5.25% 5.75% 6.00%
91 days to below 180 days 5.50% 6.00% 6.25%
181 days to 364 days 6.50% 7.00% 7.25%
1 Year to 3 Years 7.50% 8.00% 8.25%
Above 3 years and 120 months (10 years) 7.25% 7.75% 8.00%
Bulk Deposits above 1 Crore and above (12 months) 7.75% 7.75% 7.75%

Peoples Senior Citizen Scheme (PSCS) – Non Callable Deposit

333 days (Prematue closing interest @ SB Account) Discontinued Discontinued
444 days (Prematue closing interest @ SB Account) Discontinued Discontinued

NR (E) FD interest rate with effect from 05-July-2025

Period % Int. on maturity
12 Months to 36 Months 7.50%  
Bulk Deposits above 1 Crore (12 months) 7.70%  

HOUSING LOAN DIMINISHING

Housing Loan Interest Rate with effect from 05-July-2025
Amount Interest Rate
upto Rs 10 Lakh 8.75%
Above 10 Lakh 11.25%

Housing Loan Floating

upto Rs 10 Lakh 8.75%
Above 10 Lakh 11.50%

Interest rates on Loans with effect from 05-07-2025

Loans Interest Rate Limit
Housing Loan - Diminishing / EMI/ Floating (120 months) 8.75% Upto 10 Lakhs
Housing Loan - Diminishing (120 Months) 11.25% Above 10 Lakhs
Housing Loan Floating (121 to 240 Months) 10.75% Upto 10 Lakhs
Housing Loan Floating (121 to 240 Months) 11.25% Above 10 Lakhs
Mortgage Loan Business - Diminishing 12.50%  
Mortgage Loan Staged business Diminishing 12.25%  
Mortgage Loan (Consumption Loan) Diminishing 13.50%  
Mortgage Loan (Marriage ) Diminishing 13.00%  
Overdraft / Cash Credit 11.90%  
Peoples Vehicle loan Scheme (EMI) 9.60%  
Vehicle loan 9.60%  
Vehicle loan against Fixed Deposit 9.60%  
People's EV Loan (Electric Vehicle Loan) 9.60%  
Solar Power Loan EMI (48 Months) 11.90%  
Solar Power Loan MNRE Scheme ( 48 Months ) 11.90%  
Peoples Overseas Education Up to 20 Lakhs 09.99%  

Locker Rent Rates

Fixed deposit
15000
Small size
1000
Medium size
1250
Large size
1500

Gold Loan General Repayment Scheme (from 05-Jul-2025)

Advance Amount
Period
Rate per Gram
Rate
Rs.4,00,001 to Rs.10,00,000
3 Months
6,500
8.50%

Gold Loan Bullet Repayment Scheme

Rs 1 to Rs 4,00,000
3 months to 12 months
6,750
8.90%

Peoples' Special Gold Loan

Upto Rs 5,00,000
02 months
7,000
8.90%

Sthree Rathnam Gold Loan (Women members only)

Upto 5,00,000
03 months
7.000
8.90%

Peoples' Gold Overdraft (Agriculture )

Up to 25,00,000
1 Year
6,500
8.50%

Premium Gold Loan

Up to Rs. 1,50,00,000
06 months
6,500
8.25%