SAVINGS DEPOSIT RATES
Savings Deposit Rate: 3.25%
FIXED DEPOSIT RATES (W. E. F.01-01-2023)*
| SR NO | TENURE | INDIVIDUALS |
| 1 | 15 DAYS TO 45 DAYS | 3.00% |
| 2 | 46 DAYS TO 90 DAYS | 3.50% |
| 3 | 91 DAYS TO 180 DAYS | 3.75% |
| 4 | 181 DAYS TO 364 DAYS | 4.50% |
| 5 | 1 YEAR AND ABOVE BUT LESS THAN 2 | 4.50% |
| 6 | 2 YEAR AND ABOVE BUT LESS THAN 3 | 5.00% |
| 3 YEARS AND ABOVE | 5.00% |
Note –
- For senior citizens interest rates will be 0.5% extra on existing rates.
- All the interest rates are applicable on new/renewed FDR’s from 01-01-2023.
- On all the FDR TDS deduction will be applicable as per rules. In the absence of PAN no. 20% TDS deduction will be applicable.