Office Order No. 03/2021-22

The rates of interest on term deposits of all tenures opened/ renewed on or after 01-11-2021 shall be as follows:

Rate of Interest (% per Annum)

Period General Senior Citizens
15 Days to 29 Days 2.75 2.75
30 Days to 45 Days 2.75 2.75
46 Days to 90 Days 2.75 2.75
91 Days to 180 Days 3.50 3.50
181 Days to 1 Years 4.75 5.25
1 Years to 2 Years 5.50 6.00
2 Years to 3 Years 5.50 6.00
3 Years to 5 Years 5.25 5.75
5 Years and above 5.00 5.50

The rates of interest on exixting and new Savings Bank Deposits shall remain unchanged at 3.00% p.a.
This is as per decision of the Board of Directors at its meeting held on 21-10-2021