Adjust font size Adjust font sizePrint E-mail this page
Fixed Deposits
 
Fixed Rate Deposit
Interest rates applicable from September 03, 2019 subject to review subsequently.
Base Rates for Fixed Deposits < ₹ 10.0 mn
Tenure
(In Months)
Effective September 03, 2019
Monthly Income Plan Quarterly Income Plan Yearly Income Plan Cumulative Plan Indicative Yield (Cumulative option) **
>12 to <24 7.35% 7.40% 7.60% 7.60% 7.60%
>=24 to <36 7.60% 7.65% 7.85% 7.85% 8.16%
>=36 to <48 7.70% 7.75% 8.00% 8.00% 8.66%
>=48 to <60 7.75% 7.80% 8.05% 8.05% 9.08%
>60 to <84 7.90% 7.95% 8.20% 8.20% 9.66%
>=84 to <108 7.90% 7.95% 8.20% 8.20% 10.52%
>=108 to <120 7.95% 8.00% 8.25% 8.25% 11.57%
0.25% additional interest for senior citizen
# The yield mentioned is calculated using the first month of each tenure grid.
** In case of cumulative deposit, interest is compounded before deduction of Tax
Special Scheme Rates for Fixed Deposits < ₹ 10.0 mn
Tenure
(In Months)
Effective September 03, 2019
Cumulative Non-Cumulative
Cumulative Plan Indicative Yield to Maturity** Monthly Income Plan Quarterly Income Plan Yearly Income Plan
12 7.60% 7.60% 7.35% 7.40% 7.60%
15 7.85% 7.97% 7.60% 7.65% 7.85%
20 7.85% 8.10% 7.60% 7.65% 7.85%
30 7.90% 8.41% 7.60% 7.65% 7.90%
35 7.95% 8.58% 7.65% 7.70% 7.95%
40 8.05% 8.86% 7.75% 7.80% 8.05%
60 8.20% 9.66% 7.90% 7.95% 8.20%
75 8.20% 10.20% 7.90% 7.95% 8.20%
90 8.20% 10.76% 7.90% 7.95% 8.20%
105 8.25% 11.45% 7.95% 8.00% 8.25%
120 8.25% 12.09% 7.95% 8.00% 8.25%
0.25% additional interest for senior citizen
** In case of cumulative deposit, interest is compounded before deduction of Tax