Sl. No. |
Period |
Existing rate |
Revised rate of interest
( Less than `1.00 cr. ) |
1. |
A. Term Deposit: - |
|
|
i) |
7 每 14 days |
2.50 |
3.50 |
ii) |
15 每 29 days |
3.25 |
4.00 |
iii) |
30 每 45 days |
3.75 |
4.25 |
iv) |
46 每 90 days |
4.00 |
5.50 |
v) |
91 每 180 days |
5.50 |
6.00 |
vi) |
181 每 364 days |
6.00 |
7.00 |
vii) |
365 days / 12 months |
7.00 |
8.25 |
viii) |
Above 12 months to less than 36 months |
7.00 |
7.25 |
ix) |
36 months to 60 months |
7.50 |
7.50 |
x) |
More than 60 months to 120 months |
7.75 |
8.00 |
2. |
B. |
Term Deposit (for senior Citizens / above the age of 60 years) (minimum ` 5,000/= & multiple of
` 1,000/=). |
|
|
i) |
365 days / 12 months |
7.25 |
8.75 |
ii) |
Above 12 months to less than 36 months |
7.25 |
7.75 |
iii) |
36 months to 60 months |
7.75 |
8.00 |
iv) |
More than 60 months to 120 months |
8.00 |
8.50 |
3. |
C. |
Monthly Income Scheme (MIS) for individual (minimum Rs. 5,000/= & multiple of Rs. 1,000/= for a period of 5 years) |
|
|
a) |
For General Depositors (without Discount) |
7.25 |
7.75 |
b) |
For Senior Citizens (above the age of 60 years) (without Discount) |
7.50 |
8.50 |
4. |
D. |
Deposit Against Statutory Reserve Fund / Bad Debt Reserve Fund and other funds of Co-op. Societies / Co-op. Banks for 63 months. |
7.75 |
8.00 |
5. |
E. |
Double-Benefit Deposit Scheme
Only for individual and maximum limit ` 50,000/= |
Period
(108 months) |
Period
(103 months) |
7.78 |
8.16 |
N.B.: - No additional interest will be allowed to the serving and retired employees of the banks in respect of Double Benefit Deposit Scheme. |
