Interest Rates on  Term Deposits
( w.e.f. 26th July, 2017 ) 

Special scheme  (15months) (w.e.f. 27th Dec 2017)

 Period

General Public

Senior Citizens

Saving Deposit 4.00% 4.00%

 7 days to 90 days

4.25% 4.25%
 91 Days to 180 days 4.75% 4.75%
181 Days to 1 Year 5.00% 5.00%
Above 1 Year to 2 Years 7.00% 7.50%
15 months special Scheme 7.50% 7.75%

 Above 2 Years to 3 Years

6.75% 7.25%
 Above 3 Years to 5 Years 6.50% 7.00%

 Above 5 Years to 10 Years

6.00% 6.50%

 

 
     
 
 
 

TDS is applicable to all Members and Nominal Members subject to Income Tax Act

     

For Senior Citizen (Age more than 60 years) 0.50% additional interest rate for one year and above period.

Deposits of Senior citizens  opened under 15 months special scheme will get 0.25% additional interest rate above gneral interest rate.

 
  •  
  Additional 0.25% will be given to single deposit  of Rs. 1 Crore and above opened under 15 months special scheme only
 
     
 

RATE OF INTEREST ON LOANS EFFECTIVE FROM 01.12.2011

 

                              

 
Rate
EMERGENCY LOAN

11.00%

LOAN AG COMPULSORY DEPOSIT

10.25 %

MEDIUM TERM LOAN UPTO 325000/-

MEDIUM TERM LOAN ABOVE 325000/-

12.75 %

13.00 %

 LOAN AG INSURANCE POLICIES / NATIONAL SAVING CERTIFICATE

13.00%

HIGHER EDUCATION LOAN

10.00 %

90% HOUSING LOAN 

 VEHICLE LOAN

  8.50 %

 12.00%

MORTGAGE LOAN  13.00%
PENAL INTEREST ON DEFALUTED INSTALLMENT

 2.50 %

IF OVERDRAFT IN SAVING BANK ACCOUNT/CURRENT ACCOUNT

 18.00%

   
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