Interest Rates on Deposits

Interest Rates on Deposits

Interest Rates on Saving Deposits including NRE Deposits (W.e.f. 06-12-2021)
Savings Deposits
Interest Rate (% p.a.)
Balance upto Rs.25 Lakh
2.85
Balance above Rs.25 Lakh
3.00
Term Deposits including Inter Bank Deposits (W.e.f. 04-04-2022)
Maturity Range
Interest Rate(%p.a.) on Deposits below Rs. 2 Crore
Interest Rate(%p.a.) on Deposits Rs. 2 Crore to less than Ten Crores
7 days to 14 days
3.00
3.10
15 days to 45 days
3.00
3.10
46 days to 90 days
4.00
3.10
91 days to 180 days
4.00
3.30
181 days to less than 1 year
4.50
3.30
1 year
5.10
Inter Bank 5.20
4.00
Inter Bank 4.00
Greater than 1 year but less than 15 months
5.20
4.00
15 Months
5.20 (Less than Rs.10 lac)
5.30 (Rs.10 lac and above and less than Rs.2 crore)
4.00
Greater than 15 months but less than 2 year
5.20
4.00
2 years and above but less than 3 years
5.20
4.10
3 Years
5.45
4.10
Above 3 Years but less than 5 years
5.45
4.10
5 years and above but less than 8 years
5.50
4.10
8 years and above but maximum 10 years
5.50
4.10
Non Callable Deposits(W.e.f. 04-04-2022)
Maturity Range
Interest Rate (% p.a.) Deposits Rs. 1 Crore to less than 2 Crore
Interest Rate (% p.a.) Deposits Rs. 2 Crore to less than 10 Crore
1 Year
5.15
4.10
Tax Saver (W.e.f. 04-04-2022)
Maturity Range
Interest Rate (% p.a.)
BRKGB Tax Saving Scheme (5 Years and Above but up to 10 Years)
5.50

Note
1. Interest rates for deposit of Rs 10 crore and above will be decided by Head Office on the date of receiving request of branches
2. Rate quoted are subject to change without notice.
3. The revised rates are applicable for fresh deposits and renewal of old deposits.
4. Additional interest of 0.55 % is paid on Term Deposits of Senior Citizens for the period upto 5 years
5. In the current challenging situation COVID-19 pandamic, Additional interest of 1.00 % is paid for Term Deposits of Senior Citizens for the period of more than 5 Years till 31-03-2022
Interest rates on NRE Term Deposits (W.e.f. 28-02-2022)

Period
Rate
1 year
5.10 %
More than 1 year but less than 2 years
5.20 %
2 years and more but less than 3 years
5.20 %
3 years
5.45 %
Above 3 Years but maximum 5 years
5.45 %
Back to Top