Interest Rates on Deposits
Rate of interest has been revised with effect from 24-01-2023.
| Days | Rate
Below 1.00 Crore | Rate
Above 1.00 Crore |
|---|---|---|
| 7-14 Days | 3.50% | 3.50% |
| 15-45 Days | 3.75% | 3.75% |
| 46-90 Days | 4.50% | 4.50% |
| 91-179 Days | 5.10% | 5.10% |
| 180 Days to less than 1 Year | 5.75% | 5.75% |
| 1 Year to less than 2 Years | 6.80% | 7.50% |
| 2 Years to less than 3 Years | 5.25% | 5.25% |
| 3 Years to less than 5 Years | 5.00% | 5.00% |
| 5 Years and above | 5.00% | 5.00% |
| 05 CRORE and ABOVE Bulk Deposit for the tenure of 1 YEAR to less than 2 years | ---- | 8.08% |
Interest rate @ 0.50% over and above these rates to the senior citizens will be admissible on single fixed deposit receipt of Rs. 5,000/- and above for one year and above. Further retired staff members of our bank fulfilling the prescribed criteria of senior citizens would also be eligible to get this benifit of 0.50% and higher rate of interest on all maturities in addition to existing benefit of 1% higher over and above the normal rates as per extant guidelines on domestic term deposits.
English
Punjabi