Interest Rates on Deposits for Resident and NRO (Rupee) Accounts(Savings Deposits W.E.F. 19.11.2013)

Savings Deposits

Interest Rate (% p.a.)

Savings Account

4.00

NRE Saving Bank Accounts

4.00

Term Deposits (W.E.F 14.08.2017)

Maturity Range

Interest Rate(%p.a.) on Deposits below Rs. one Crore

7 days to 14 days

4.50

15 days to 45 days

4.50

46 days to 90 days

5.75

91 days to 180 days

6.25

181 days to less than 1 year

6.50

1 year

6.70

Above 1 Year, upto 15 months

6.70

Above 15 months, but less than 2 Years

6.75

2 years and above but less than 3 years

6.60

3 Years

6.60

Above 3 Years but less than 5 years

6.50

5 years and above but less than 8 years

6.50

8 years and above but maximum 10 years

6.50

Maturity Range

Interest Rate (% p.a.)

BRKGB Tax Saving Scheme (5 Years and Above but up to 10 Years)

6.50

Note
1. Rate quoted are subject to change without notice.
2. The revised rates are applicable for fresh deposits and renewal of old deposits.
3 Additional interest of 0.60 % is paid on all maturities for Term Deposits of Senior Citizens
For interest Rate on Deposits of Rs. one Crore and above branches should contact Regional Office.
Interest rates on NRE Term Deposits (Effective from 14.08.2017)

Period

Rate

1 year to 15 months

6.70 %

More than 15 months but less than 2 years

6.75 %

2 years and more but less than 3 years

6.60 %

3 years

6.60 %

Above 3 Years but maximum 5 years

6.50 %