Under the special deposit, general citizens will earn 7.30 percent senior citizen will get 7.80 percent and 7.95 percent for super Senior Citizens for deposits will Rs 2 crore 666 days.
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After the revision, the bank offers interest rates between 3 percent and 7.3 percent for tenures ranging from 7 days to 10 years doe general citizens. The new rates are effective from June 1, 2024.
For deposits maturing between 7 and 45 days, the bank pays a 3 percent interest rate to regular citizens. Deposits maturing between 46 and 179 days will earn 4.50 percent interest. On deposits maturing between 180 and 269 days, the bank gives a 5.50 percent interest rate. On deposits maturing between 270 days and less than one year, the bank offers an interest rate of 5.75 percent.
Deposits having a one year to less than less than 2 Years (except 666 Days) will now earn 6.80 percent. The bank offers the highest interest rate of 7.30 percent on 666 days tenure. It provides a 6.75 percent interest rate on fixed deposit terms ranging above 2 Years to less than 3 Years. The bank offers a 6.50 percent interest rate on FDs on 3 Years to less than 5 Years tenure. The bank offers 6 percent on terms between 5 to 10 years.