Deposit Interest Rates

Rates w.e.f. 23^rd February, 2023

*RDs applicable from 91 days onwards

*For 600 days tenor RD rates are not applicable

*Custom tenor for RD should be multiples of 3

Tenor	Fixed Deposit		Recurring Deposit
Tenor	Regular	Senior Citizen	Regular	Senior Citizen
7 days	2.50%	2.50%	-	-
8 days & up to 14 days	2.75%	2.75%	-	-
15 days & up to 29 days	2.75%	2.75%	-	-
30 days & up to 45 days	2.75%	2.75%	-	-
46 days & up to 60 days	2.75%	2.75%	-	-
61 days	3.25%	3.25%	-	-
62 days & up to 90 days	3.00%	3.00%	-	-
91 to 180 days	3.00%	3.00%	3.00%	3.00%
181 to 269 days	4.75%	5.25%	4.75%	5.25%
270 to less than 1 year	4.75%	5.25%	4.75%	5.25%
1 year to 375 days	6.25%	6.75%	6.25%	6.75%
376 days to 540 days	7.25%	7.75%	7.25%	7.75%
541 days to 599 days	7.25%	7.75%	7.25%	7.75%
600 days	7.25%	7.75%	-	-
601 days to less than 2 years	7.25%	7.75%	7.25%	7.75%
2 years to less than 2 years 6 months	7.25%	7.75%	7.25%	7.75%
2 years & 6 months	7.25%	7.75%	7.25%	7.75%
2 years 6 months 1 day to less than 3 years	7.50%	8.00%	7.50%	8.00%
3 years and less than 4 years	6.50%	7.00%	6.50%	7.00%
4 years to less than 5 years	6.50%	7.00%	6.50%	7.00%
5 years and above	6.50%	7.00%	6.50%	7.00%

Notes:

W.e.f 3rd September 2021, Preferential rate of 50bps will be provided to Resident senior citizen on FD bookings < INR 2 Cr.
Senior Citizen preferential rate is applicable only for domestic term deposits. Senior citizen preferential rate benefit is not applicable for NRO and NRE term deposits.
Preferential rate will be applicable for tenure of 181 days and above.
Pref rate will only apply for FD booking by individuals. For Non individual FD booking (e.g. HUF) no preferential rate is applicable.

Rates and Fees