Interest Rate
|
Fixed Deposit Rate of Interest
|
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| TENURE | Callable FDs | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Upto 3 cr | ||||||||||||
| Regular | Senior | |||||||||||
| 7 - 29 Days | 3.50% | 3.75% | ||||||||||
| 30 - 45 Days | 4.25% | 4.50% | ||||||||||
| 46 Days to 3 months | 4.50% | 4.75% | ||||||||||
| 3 months 1 Day to 6 months | 5.25% | 5.50% | ||||||||||
| 6 months 1 Day to 12 months | 6.25% | 6.50% | ||||||||||
| 12 months 1 Day to 18 months | 7.25% | 7.25% | ||||||||||
| 18 months 1 Day to 18 months 2 day | 7.75% | 7.75% | ||||||||||
| 18 months 3 Day to 36 months | 7.50% | 7.50% | ||||||||||
| 36 months 1 Day to 60 months | 7.00% | 7.25% | ||||||||||
| 60 months 1 Day to 120 months | 6.50% | 6.75% | ||||||||||
| TENURE | Non-Callable FDs | |
|---|---|---|
| 1cr to 3cr | ||
| Regular | Senior | |
| 7 - 29 Days | 3.75% | 4.00% |
| 30 - 45 Days | 4.50% | 4.75% |
| 46 Days to 3 months | 4.75% | 5.00% |
| 3 months 1 Day to 6 months | 5.50% | 5.75% |
| 6 months 1 Day to 12 months | 6.50% | 6.75% |
| 12 months 1 Day to 18 months | 7.50% | 7.50% |
| 18 months 1 Day to 36 months | 7.75% | 7.75% |
| 36 months 1 Day to 60 months | 7.25% | 7.50% |
| 60 months 1 Day to 120 months | 6.75% | 7.00% |
∗ Effective from 17thSeptember 2025
∗ Premature withdrawal of callable deposits will incur a penalty of 1% over the interest rate applicable for the actual deposit period
∗ For deposits greater than 3cr, please reach out to bank branches
|
Recurring Deposit Rate of Interest
|
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| Tenure From | Tenure Upto | Card Rates up to 2 cr. | Senior Citizen upto 2 cr. | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 Month 7 days | 9 Months 0 days | 4.50% | 4.75% | |||||||||
| 9 Months 1 days | 12 Months 0 days | 6.25% | 6.50% | |||||||||
| 12 Months 1 days | 24 Months 0 days | 7.25% | 7.25% | |||||||||
| 24 Months 1 days | 36 Months 0 days | 7.50% | 7.50% | |||||||||
| 36 Months 1 days | 48 Months 0 days | 7.00% | 7.25% | |||||||||
| 48 Months 1 days | 60 Months 0 days | 7.00% | 7.25% | |||||||||
| 60 Months 1 days | 72 Months 0 days | 6.50% | 6.75% | |||||||||
| 72 Months 1 days | 120 Months 0 days | 6.50% | 6.75% | |||||||||
∗ Effective from 17thSeptember 2025
|
SAVINGS DEPOSIT RATE
|
Flat 5.50% p.a with interest paid daily
|
*Last updated on 06th June 2025
The Marginal Cost of Funds based Lending Rate (MCLR) with effect from 1st July 2025, for various tenors are as given under:
|
MCLR Rate
|
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| Period | Rate | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| O/N | 15.44% | |||||||||||
| 1M | 15.36% | |||||||||||
| 3M | 15.53% | |||||||||||
| 6M | 15.60% | |||||||||||
| 1 Year | 15.63% | |||||||||||
External Benchmark Rates (EBLR) effective from 6th June 2025 are as under:
|
EBLR Rate
|
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| EBLR | Rate | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| O/N | 5.50% | |||||||||||
| 1M | 5.50% | |||||||||||
| 3M | 5.50% | |||||||||||
| 6M | 5.50% | |||||||||||
| 1 Year | 5.50% | |||||||||||
Interest rate methodology
