Adjust font size Adjust font sizePrint E-mail this page
Fixed Deposits
 
Fixed Rate Deposit
Interest rates applicable from June 18, 2019 subject to review subsequently.
Base Rates for Fixed Deposits < ₹ 10.0 mn
Tenure
(In Months)
Effective June 18, 2019
Monthly Income Plan Quarterly Income Plan Yearly Income Plan Cumulative Plan Indicative Yield (Cumulative option) **
>12 to < 24   7.70% 7.75% 8.00% 8.00% 8.00%
>=24 to < 36   7.95% 8.00% 8.25% 8.25% 8.59%
>=36 to <48   8.05% 8.10% 8.35% 8.35% 9.07%
>=48 to <60   8.05% 8.10% 8.35% 8.35% 9.46%
> 60 to < 84   8.10% 8.15% 8.40% 8.40% 9.93%
>=84 to <108   8.10% 8.15% 8.40% 8.40% 10.84%
>=108 to <120   8.15% 8.20% 8.45% 8.45% 11.95%
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 June 18, 2019
Cumulative Non-Cumulative
Cumulative Plan Indicative Yield to Maturity** Monthly Income Plan Quarterly Income Plan Yearly Income Plan
12 8.00% 8.00% 7.70% 7.75% 8.00%
15 8.20% 8.33% 7.90% 7.95% 8.20%
20 8.25% 8.52% 7.95% 8.00% 8.25%
30 8.35% 8.92% 8.05% 8.10% 8.35%
35 8.35% 9.05% 8.05% 8.10% 8.35%
40 8.35% 9.22% 8.05% 8.10% 8.35%
60 8.40% 9.93% 8.10% 8.15% 8.40%
75 8.40% 10.50% 8.10% 8.15% 8.40%
90 8.40% 11.10% 8.10% 8.15% 8.40%
105 8.45% 11.83% 8.15% 8.20% 8.45%
120 8.45% 12.51% 8.15% 8.20% 8.45%
0.25% additional interest for senior citizen
** In case of cumulative deposit, interest is compounded before deduction of Tax