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ESAF Small Finance Bank Latest FD Interest Rates

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ESAF Small Finance Bank Latest Fixed Deposit Interest Rates

Resident Term Deposit

Interest Rates for Resident Term Deposits (Less than Rs.200 lakhs)

Period Rate of Interest effective from 01/11/2022
Normal Rate (%) Rate for Senior Citizens (%)
7 days to 14 days 4.00% 4.50%
15 days to 59 days 4.50% 5.00%
60 days to 90 days 5.00% 5.50%
91 days to 182 days 5.25% 5.75%
183 days to 1 year 5.50% 6.00%
1 year 1 day to less than 2 years 6.60% 7.10%
2 years to 998 days 7.25% 7.75%
999(2 years 8 months & 26 days)* 8.00%* 8.50%*
1000 days to less than 3 years 7.25% 7.75%
3 years to less than 4 years 5.75% 6.25%
4 years to less than 5 years 5.75% 6.25%
5 years to 10 years 5.25% 5.75%

*Special FD rate of 8.00% for 999 days will be available till 30-Nov-2022

Notes:

» Interest rates as above are applicable for new Resident term deposits and renewal of existing Resident term deposits.

» Income Tax deduction at source from the interest paid on Resident term deposits will be made, wherever applicable, as per the Income Tax rules.

» The minimum tenor for Resident term deposits is 7 days.

» No interest would be payable for Resident term deposits prematurely withdrawn before completion of a period of 7 days from the date of deposit.

» Penalty for premature closure will be applicable for Resident term deposits, as per rules.

» The interest rate applicable on premature closure of Resident term deposits will be (a) or (b) below, whichever is lower, subject to penalty for premature closure.
(a) The rate of interest for the original/contracted tenor of the deposit
(b) The rate of interest which was applicable at the time of opening of the deposit, for the tenor for which the deposit has remained with the Bank.

» The above rates of interest are applicable for Resident Recurring Deposits also.

» Rates of interest are subject to revision periodically.

» For help, email to [email protected].

» Customers may please contact our Branches for details of interest rates for deposits of Rs 200 lakhs and above.

Non Resident Ordinary (NRO) Term Deposits

Interest Rates for Non-Resident Ordinary (NRO) Term Deposits (Less than Rs.200 lakhs)

Period Rate of Interest effective from 01/11/2022
7 days to 14 days 4.00%
15 days to 59 days 4.50%
60 days to 90 days 5.00%
91 days to 182 days 5.25%
183 days to 1 year 5.50%
1 year 1 day to less than 2 years 6.60%
2 years to 998 days 7.25%
999(2 years 8 months & 26 days)* 8.00%*
1000 days to less than 3 years 7.25%
3 years to less than 4 years 5.75%
4 years to less than 5 years 5.75%
5 years to 10 years 5.25%

*Special FD rate of 8.00% for 999 days will be available till 30-Nov-2022

Notes:

» Interest rates as above are applicable for new NRO term deposits and renewal of existing NRO term deposits.

» Rate of interest applicable for NRO term deposits of Senior Citizens is the same as above.

» Income Tax deduction at source from the interest paid on NRO term deposits will be made, as per the Income Tax rules.

» The minimum tenor for NRO term deposits is 7 days.

» No interest would be payable for NRO term deposits prematurely withdrawn before completion of a period of 7 days from the date of deposit.

» Penalty for premature closure will be applicable for NRO term deposits, as per rules.

» The interest rate applicable on premature closure of NRO term deposits will be (a) or (b) below, whichever is lower, subject to penalty for premature closure.
(a) The rate of interest for the original/contracted tenor of the deposit
(b) The rate of interest which was applicable at the time of opening of the deposit, for the tenor for which the deposit has remained with the Bank.

» The above rates of interest are applicable for NRO Recurring Deposits also.

» Rates of interest are subject to revision periodically.

» For help, email to [email protected].

» Customers may please contact our Branches for details of interest rates for deposits of Rs 200 lakhs and above.

Non Resident External (NRE) Term Deposits

Interest Rates for Non-Resident External (NRE) Term Deposits (Less than Rs.200 lakhs)

Period   Rate of Interest effective from 01/11/2022
1 year 1 day to less than 2 years 6.60%
2 years to 998 days 7.25%
999(2 years 8 months & 26 days)* 8.00%*
1000 days to less than 3 years 7.25%
3 years to less than 4 years 5.75%
4 years to less than 5 years 5.75%
5 years to 10 years 5.25%

*Special FD rate of 8.00% for 999 days will be available till 30-Nov-2022

Notes:

» Interest rates as above are applicable for new NRE term deposits and renewal of existing NRE term deposits.

» Rate of interest applicable for NRE term deposits of Senior Citizens is the same as above.

» The minimum tenor for NRE term deposits is 365 days.

» No interest would be payable for NRE term deposits prematurely withdrawn before completion of a period of 365 days from the date of deposit.

» Penalty for premature closure will be applicable for NRE term deposits, as per rules.

» The interest rate applicable on premature closure of NRE term deposits will be (a) or (b) below, whichever is lower, subject to penalty for premature closure.
(a) The rate of interest for the original/contracted tenor of the deposit
(b) The rate of interest which was applicable at the time of opening of the deposit, for the tenor for which the deposit has remained with the Bank.

» The above rates of interest are applicable for NRE Recurring Deposits also.

» Rates of interest are subject to revision periodically.

» For help, email to [email protected]

» For deposits greater than Rs. 2 crore, please contact your nearest branch for the interest rates.

» Customers may please contact our Branches for details of interest rates for deposits of Rs 200 lakhs and above.

Utkarsh Small Finance Bank Latest FD Interest Rates

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Utkarsh Small Finance Bank Latest Fixed Deposit Interest Rates

Interest Rates on Domestic Fixed Deposits
(Without Premature Withdrawal Facility)

(For Deposits above Rs. 15 Lakhs to less than Rs. 2 Crore)

Sr No. Tenure INTEREST RATES (%P.A.)-W.E.F. October 17, 2022
General Customers Senior Citizens
1 7 Days to 45 Days 4.00% 4.75%
2 46 Days to 90 Days 4.25% 5.00%
3 91 Days to 180 Days 5.00% 5.75%
4 181 Days to 364 Days 6.00% 6.75%
5 365 Days to 699 Days 7.15% 7.90%
6 700 Days 7.75% 8.50%
7 701 Days upto 5 Years 7.50% 8.25%
8 Above 5 Years to 10 Years 6.25% 7.00%

Note:

♦ Minimum tenor of the deposit offered would be seven days.

♦ Penalty on premature withdrawal is 1 % (not applicable for closure within 7 days) i.e. 1 % less than the card rate as on the date of deposit, for the period for which the deposit has remained with the Bank or 1% less than the contracted rate, whichever is lower.

♦ For Tax Saver Fixed Deposit, please refer Tax Saver’s Interest Rate card.

♦ Interest rates are subject to change from time to time. Deposits will be booked post receipt of clear funds with the Bank at applicable interest rate as on the date of receipt of funds.

♦ Above rates are applicable for fresh fixed deposits as also for renewal of existing fixed deposits.

♦ Interest earned will be subject to Tax Deducted at Source as per Income Tax Act and Rules.

♦ For Term Deposits with tenure below 181 days, interest will be calculated on maturity on Simple Interest basis.

♦ Interest on Term Deposit can be paid for a period of less than a quarter (monthly pay-out) at the discounted interest rates as per RBI directives.

♦ No interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.

♦ For interest rates of bulk deposits (Rs. 2 Crore and above), please contact the nearest Utkarsh Small Finance Bank Branch.

Interest Rates on Domestic Fixed Deposits Plus
(Without Premature Withdrawal Facility)

(For Deposits above Rs. 15 Lakhs to less than Rs. 2 Crore)

Sr No. Tenure INTEREST RATES (%P.A.)-W.E.F. October 17, 2022
General Customers Senior Citizens
1 7 Days to 45 Days 4.00% 4.75%
2 46 Days to 90 Days 4.25% 5.00%
3 91 Days to 180 Days 5.00% 5.75%
4 181 Days to 364 Days 6.00% 6.75%
5 365 Days to 699 Days 7.40% 8.15%
6 700 Days 8.00 % 8.75%
7 701 Days upto 5 Years 7.75% 8.50%
8 Above 5 Years to 10 Years 6.50% 7.25%

Note:

♦ Minimum tenor of the deposit offered would be seven days.

♦ Penalty on premature withdrawal is 1 % (not applicable for closure within 7 days) i.e. 1 % less than the card rate as on the date of deposit, for the period for which the deposit has remained with the Bank or 1% less than the contracted rate, whichever is lower.

♦ For Tax Saver Fixed Deposit, please refer Tax Saver’s Interest Rate card.

♦ Interest rates are subject to change from time to time. Deposits will be booked post receipt of clear funds with the Bank at applicable interest rate as on the date of receipt of funds.

♦ Above rates are applicable for fresh fixed deposits as also for renewal of existing fixed deposits.

♦ Interest earned will be subject to Tax Deducted at Source as per Income Tax Act and Rules.

♦ For Term Deposits with tenure below 181 days, interest will be calculated on maturity on Simple Interest basis.

♦ Interest on Term Deposit can be paid for a period of less than a quarter (monthly pay-out) at the discounted interest rates as per RBI directives.

♦ No interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.

♦ For interest rates of bulk deposits (Rs. 2 Crore and above), please contact the nearest Utkarsh Small Finance Bank Branch.

Interest Rates on Domestic Tax Saver Fixed Deposit

Sr No. Tenure INTEREST RATES (%P.A.)-W.E.F. October 17, 2022
General Customers Senior Citizens
1 5 Years 7.50% 8.25%

Note:

♦ Minimum amount for the investment should be Rs. 1,000/- & Maximum Rs. 1,50,000/-. 

♦ Minimum and maximum tenure of the Deposit will be 5 Years.

♦ Above rates are applicable for fresh fixed deposits.

♦ Auto Renewal will not be allowed on the Tax Saver Fixed Deposit.

♦ No premature withdrawal is allowed for this deposit except in the event of any direction from any statutory and/or regulatory authority or deceased claim settlement cases.

♦ Interest rates are subject to change from time to time. Deposits will be booked post receipt of clear funds with the Bank at applicable interest rate as on the date of receipt of funds.

♦ Interest earned will be subject to Tax Deducted at Source as per Income Tax Act and Rules.

♦ Interest on Term Deposit can be paid for a period of less than a quarter (monthly pay-out) at the discounted interest rates as per RBI directives.

♦ Tax Saver Fixed Deposit cannot be pledged as security to avail loan

Ujjivan Small Finance Bank Latest FD Interest Rates

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Ujjivan Small Finance Bank Latest Fixed Deposit Interest Rates

Interest Rates For Platina* Fixed Deposit – Domestic, NRE And NRO

Below mentioned are the Interest Rates with Effect from 9th August, 2022

TENURE Interest Rate (p.a.) (Under Rs. 2 Crores)
12 Months 7.20%
12 Months and 1 Day to 15 Months 7.40%
15 Months and 1 Day to 524 Days 7.40%
75 Weeks (525 Days) 7.70%
526 Days to 18 Months 7.40%
18 Months and 1 Day to < 24 Months 7.20%
24 Months 7.30%
24 Months 1 Day to 989 Days  6.70%
990 Days 7.70%
991 Days to 36 Months  6.70%
36 Months 1 Day to 42 Months 6.45%
42 Months 1 Day to 60 Months 7.40%

Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank

  • Platina FD rates are applicable for deposits above Rs.15 lakhs and below Rs.2 crores only.
  • Platina FDs are available for individuals of age <60 years only. Hence, Sr. citizen cannot open Platina FDs.
  • Platina FD is now offered to individuals (<60 yrs) and TASC customers only (excluding FIG).

Interest Rates For Domestic & NRO* Fixed Deposits And Sampoorna Nidhi

Below mentioned are the Interest Rates with Effect from 9th August, 2022

TENURE Interest Rate (p.a.) (Under Rs. 2 Crores)
7 Days to 29 Days 3.75%
30 Days to 89 Days 4.25%
90 Days to 179 Days 4.75%
6 Months 5.25%
>6 Mnths to <9 Months 5.50%
9 Months 5.75%
>9 Months to <12 months  6.50%
12 Months 7.00%
12 Months and 1 Day to 15 Months 7.20%
15 Months and 1 Day to 524 Days 7.20%
75 Weeks (525 Days) 7.50%
526 Days to 18 Months 7.20%
18 Months and 1 Day to < 24 Months 7.00%
24 Months 7.10%
24 Months 1 Day to 989 Days  6.50%
990 Days 7.50%
991 Days to 36 Months  6.50%
36 Months 1 Day to 42 Months 6.25%
42 Months 1 Day to 60 Months 7.20%
60 months 1 Day to <75 Months  6.00%
75 Months 7.50%
75 Months 1 Day to 120 Months  6.00%
Additional Interest Rate for Resident Senior Citizens 0.75%

We have revised our Interest calculation methodology for Cumulative/Reinvestment , kindly click here for more information. Contact our branch staff for more details

Interest Rates For Recurring Deposits And Sampoorna Lakshya

Below mentioned are the Interest Rates with Effect from 9th August, 2022

TENURE Interest Rate (p.a.)
6 months 5.25%
9 months 5.75%
12 months 7.00%
15 months 7.20%
18 months 7.20%
21 months 7.00%
24 months 7.10%
27 months to 36 months 6.50%
39 months to 42 months 6.25%
45 months to 60 months 7.20%
63 months to 72 months 6.00%
75 Months 7.50%
78 Months to 120 Months 6.00%
Additional Interest Rate for Senior Citizens 0.75%

*Disclaimer clause: “Interest rates are subject to periodic changes and the applicable interest rates will be given based on the date and time of receipt of the funds by the Bank”

Interest Rates For NRE* – Fixed Deposits:

Below mentioned are the Interest Rates with Effect from 9th August, 2022

Term Deposits Interest Rate (p.a.) (Under Rs. 2 Crore)
12 Months 7.00%
12 Months and 1 Day to 15 Months 7.20%
15 Months and 1 Day to 524 Days 7.20%
75 Weeks (525 Days) 7.50%
526 Days to 18 Months 7.20%
18 Months and 1 Day to < 24 Months 7.00%
24 Months 7.10%
24 Months and 1 Day to 989 Days 6.50%
990 Days 7.50%
991 Days to 36 Months 6.50%
36 Months 1 Day to  42 Months 6.25%
42 Months 1 Day to 60 Months 7.20%
60 Months and 1 Day to <75 Months 6.00%
75 Months 7.50%
75 Months 1 Day to 120 Months 6.00%

*Please Note: No Additional Interest Rate for Senior Citizens

1. Minimum Tenure for NRE Deposit is 1 year

2. In case of pre-closure within 1 year no interest shall be paid and no penalty would be levied

3. In case of part withdrawal within 1 year no interest shall be paid on the amount partially withdrawn and no penalty would be levied

Suryoday Small Finance Bank Latest FD Interest Rates

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Suryoday Small Finance Bank Latest Fixed Deposit Interest Rates

Rates for amount < 2 Crore

Domestic Deposits ( Effective: From November 02, 2022 )

For Fixed For Fixed Deposit of amounts Rs. 2 Crore and above, please contact nearest Suryoday Small Finance Bank Branch or call Smile Centre on 1800-266-7711

Rates for Domestic Fixed Deposits:

Period Interest Rate
(Per Annum)		 Annualised Yield°
(%)		 Senior Citizen Rate #
(Per Annum)		 Annualised Yield°
(%)
7 days to 14 days 4.00% 4.00% 4.50% 4.50%
15 days to 45 days 4.25% 4.25% 4.75% 4.75%
46 days to 90 days 4.50% 4.50% 5.00% 5.00%
91 days to 6 months 5.00% 5.00% 5.50% 5.50%
Above 6 months to 9 months 5.50% 5.61% 6.00% 6.14%
Above 9 months to less than 1 Year 6.00% 6.14% 6.50% 6.66%
1 Year to 1 Year 6 Months 7.00% 7.19% 7.50% 7.71%
Above 1 Year 6 Months to 2 Years 7.51% 7.72% 8.01% 8.25%
Above 2 years to 998 days 7.51% 7.72% 8.01% 8.25%
999 Days 8.01% 8.25% 8.26% 8.52%
32 Months 27 Days to 3 Years 7.25% 7.45% 7.75% 7.98%
Above 3 Years to less than 5 Years 6.75% 6.92% 7.25% 7.45%
5 Years 6.75% 6.92% 7.25% 7.45%
Above 5 years to 10 years 6.00% 6.14% 6.50% 6.66%

Note for Fixed Deposits:

  • For Fixed Deposit amounting to Rs. 2 Crore and above, please contact nearest Suryoday Small Finance Bank Branch or call on 1800-266-7711
  • °-Annualised yield is calculated on the basis of quarterly compounding for 12 months period
  • #-Only Senior Citizens / Retired Personnel (60 years and above) who are Resident Indians are eligible.
  • Interest rates are subject to change from time to time. Applicable interest rates will be given as on the date / time of receipt of the funds by the bank.
  • When you open a Fixed deposit with Suryoday Small Finance Bank Ltd. Interest on Term Deposits is calculated as below:
    1. On a Quarterly basis for deposits of tenor above 6 months.
    2. Simple interest is paid at maturity for deposits of less than equal to 6 months.
    3. Cumulative Interest/ re-investment interest is calculated every quarter and is added to the Principal such that Interest is paid on the Interest earned in the previous quarter as well.
    4. In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate.
  • Tax at source is deducted as per the Income Tax regulations prevalent from time to time.
  • The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non-leap year. The period of Fixed Deposit is calculated in number of days.
  • The Minimum tenure for earning FD interest is 7 days.
  • The rate applicable on premature withdrawal would be 1% less than the rate applicable from the lower of the two:
    1. Rate for original /contracted tenure for which the deposit has been booked (as on the date of booking the deposit).
    2. Rate for the actual tenure for which the deposit was in force with the Bank (as on the date of booking the deposit).
  • As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.

 

Equitas Small Finance Bank Latest FD Interest Rates

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Equitas Small Finance Bank Latest Fixed Deposit Interest Rates

Fixed Deposit:

Benefits:

1. Idle funds can be used

2. Best in class Interest Rates

3. Attractive FD interest rates up to 7.50%* p.a. for Senior Citizens for 888 days

4. Partial and Full Pre Mature** withdrawal allowed

5. No Premature Withdrawal penalty for all FDs booked for Senior Citizens on or after 2nd December 2019 (Not applicable for grouping)

6. No Penalty on premature withdrawal above 6 months

7. Nomination facility available

8. Interest frequency available – Reinvestment, Quarterly Payout, and Monthly*** Payout

Fixed Deposit Rate for Domestic, NRE / NRO (for INR) with effect from: 15th October 2022

Tenure Interest rates for amount less than Rs 2 crores  Annualised Yield
7 – 14 days 3.50% 3.50%
15 – 29 days 3.50% 3.50%
30 – 45 days 3.50% 3.50%
46 – 62 days 4.00% 4.00%
63 – 90 days 4.25% 4.25%
91 – 120 days 4.75% 4.75%
121 – 180 days 4.75% 4.75%
181 – 210 days 5.75% 5.83%
211 – 270 days 5.75% 5.83%
271 – 364 days 6.00% 6.09%
1 year to 18 months 7.10% 7.29%
18 months 1 day to 2 years 6.95% 7.13%
2 years 1 day to 887 days 7.40% 7.61%
888 days 7.50% 7.71%
889 days to 3 years 7.40% 7.61%
3 years 1 day to 4 years 6.75% 6.92%
4 years 1 day to 5 years 6.75% 6.92%
5 years 1 day to 10 years 6.75% 6.92%
  • TDS will be deducted as applicable
  • Please check all terms and conditions applicable on FD/RD for premature withdrawal
  • 0.50% extra for Senior Citizen rates (not applicable for NRE/NRO)

*Fixed Deposit Interest Rates are subject to change from time to time.
(Partial premature withdrawal not allowed for FDs booked with monthly payout)
***For monthly payout fixed deposits, the interest rate will be discounted on a quarterly compounding basis.

Selfe Fixed Deposit

Open Selfe Fixed Deposit online with Equitas Bank – just keep your Aadhar Number and PAN handy and book your FD online in just three minutes.

Fund your Selfe Fixed Deposit directly through UPI from any bank account and enjoy returns upto 7.10%* p.a. for 1 year. Invest as low as Rs 5,000 upto a maximum of Rs. 90,000 with Selfe FD and choose tenure between 7 days and 365 days. On maturity, the Principal+ Interest will be credited to your designated bank account.

Benefits:

  • Higher Interest upto 7.10% p.a. for 1 year
  • 0.50% extra interest for Senior Citizens
  • Invest anytime with selfe FD
  • Open FD without a Savings Account
  • Start as low as Rs.5000 and invest upto Rs. 90,000
  • Choose to invest from 7 days to 365 days
  • No Premature withdrawal penalty if Selfe FD has completed a tenure of more than 180 days
  • No premature withdrawal penalty for Senior Citizen Selfe FD

What to check before opening Equitas Bank Selfe FD:

  • Should be an Indian resident – 18+ years of age
  • Should have a valid PAN and Aadhar
  • Mobile number should be linked to Aadhar
  • Should not have an account with Equitas Bank
  • No other account has been opened nor will be opened using OTP based KYC in non face to face mode with any other Bank.

Fixed Deposit Rates (amount less than Rs. 2 crore) Effective from: 15th OCT , 2022 

Tenure Interest rates for amount less than Rs 2 crores  Annualised Yield
7 – 14 days 3.50% 3.50%
15 – 29 days 3.50% 3.50%
30 – 45 days 3.50% 3.50%
46 – 62 days 4.00% 4.00%
63 – 90 days 4.25% 4.25%
91 – 120 days 4.75% 4.75%
121 – 180 days 4.75% 4.75%
181 – 210 days 5.75% 5.83%
211 – 270 days 5.75% 5.83%
271 – 364 days 6.00% 6.09%
1 year to 18 months 7.10% 7.29%
18 months 1 day to 2 years 6.95% 7.13%
2 years 1 day to 887 days 7.40% 7.61%
888 days 7.50%  7.71%
889 days to 3 years 7.40% 7.61%
3 years 1 day to 4 years 6.75% 6.92%
4 years 1 day to 5 years 6.75% 6.92%
5 years 1 day to 10 years 6.75% 6.92%
  • TDS will be deducted as applicable
  • Please check all terms and conditions applicable on FD/RD for premature withdrawal
  • 0.50% extra for Senior Citizen rates (not applicable for NRE/NRO)

*Fixed Deposit Interest Rates are subject to change from time to time.
**View Terms and Conditions for FD (Partial premature withdrawal not allowed for FDs booked with monthly payout)
***For monthly payout fixed deposits, the interest rate will be discounted on a quarterly compounding basis.

 

 

Capital Small Finance Bank Latest FD Interest Rates

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Capital Small Finance Bank Latest Fixed Deposit Interest Rates

Interest on Domestic Term Deposits (w.e.f October 6, 2022)

Slab Rate of Interest
15 Days to 30 Days 3.35%
31 Days to 45 Days 3.35%
46 Days to 89 Days 3.85%
90 Days to 179 Days 4.60%
180 Days to less than 1 Year 5.20%
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.35%
Special Category
400 Days 6.75%
600 Days 6.85%
900 Days 7.00%

For Senior Citizens
Senior Citizen means a person who has attained the age of 60 years on date of deposit and produces the proof of the same.

Slab Rate of Interest
15 Days to 30 Days 3.85%
31 Days to 45 Days 3.85%
46 Days to 89 Days 4.35%
90 Days to 179 Days 5.10%
180 Days to less than 1 Year 5.70%
1 Year to less than 5 Years 7.00%
5 Years and upto 10 Years 6.85%
Special Category
400 Days 7.25%
600 Days 7.35%
900 Days 7.50%

Interest on NRO Term Deposits (w.e.f October 6, 2022)

Slab Rate of Interest
15 Days to 30 Days 3.35%
31 Days to 45 Days 3.35%
46 Days to 89 Days 3.85%
90 Days to 179 Days 4.60%
180 Days to less than 1 Year 5.20%
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.35%
Special Category
400 Days 6.75%
600 Days 6.85%
900 Days 7.00%

Interest on NRE Term Deposits (w.e.f October 6, 2022)

Slab Rate of Interest
1 Year to less than 5 Years 6.50%
5 Years and upto 10 Years 6.35%
Special Category
400 Days 6.75%
600 Days 6.85%
900 Days 7.00%

Note
Premature closure charge is applicable at penal rate of 1% for any deposit.

NRE deposits should remain for a minimum period of 1 year in order to earn interest.

Au Small Finance Bank Latest FD Interest Rates

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Au Small Finance Bank Latest Fixed Deposit Interest Rates

1.a) For Domestic & NRE**/NRO Retail Fixed Deposits (for amounts less than INR 2 Crore)

Applicable Interest Rates on Fixed Deposits w.e.f. 10th October, 2022

Tenure Bucket Interest Rates Interest Rates (Annualized)
7 Days to 1 Month 15 Days 3.75% –
1 Month 16 Days to 3 Months 4.25% –
3 Months 1 Day to 6 Months 5.00% 5.09%
6 Months 1 Day to 12 Months 5.85% 5.98%
12 Months 1 Day to 15 Months 7.10% 7.29%
15 Months 1 Day to 18 Months 6.95% 7.13%
18 Months 1 Day to 24 Months 6.95% 7.13%
24 Months 1 Day to 36 Months 7.50% 7.71%
36 Months 1 Day to 45 Months 7.50% 7.71%
45 Months 1 Day to less than 60 Months 6.95% 7.13%
60 Months to 120 Months 6.95% 7.13%

1.b) Non-callable rates for Retail Fixed Deposits of INR >=1 Crore to < 2 Crore*

Applicable Interest Rates on Fixed Deposits w.e.f. 10th October, 2022

Tenure Bucket ROI Annualized Rate
12 Months 1 Day – 15 Months 7.20% 7.40%
15 Months 1 Day – 18 Months 7.05% 7.24%
18 Months 1 Day – 24 Months 7.05% 7.24%
24 Months 1 Day – 36 Months 7.60% 7.82%

*These rates are not applicable to Non-Resident Indians (NRI)

2. For Senior Citizen (for amounts less than INR 2 Crore)*

Applicable Interest Rates on Fixed Deposits w.e.f. 10th October, 2022

Tenure Bucket Interest Rates Interest Rates (Annualized)
7 Days to 1 Month 15 Days 4.25% –
1 Month 16 Days to 3 Months 4.75% –
3 Months 1 Day to 6 Months 5.50% 5.61%
6 Months 1 Day to 12 Months 6.35% 6.50%
12 Months 1 Day to 15 Months 7.60% 7.82%
15 Months 1 Day to 18 Months 7.45% 7.66%
18 Months 1 Day to 24 Months 7.45% 7.66%
24 Months 1 Day to 36 Months 8.00% 8.24%
36 Months 1 Day to 45 Months 8.00% 8.24%
45 Months 1 Day to less than 60 Months 7.45% 7.66%
60 Months to 120 Months 7.45% 7.66%

* Only resident Indian Senior Citizen customers, having a banking relationship with AU Small Finance Bank are eligible for the above mentioned rates

3. For Domestic & NRE**/NRO Retail Monthly Payout Fixed Deposits (for amounts less than INR 2 Crore)

Applicable Interest Rates on Fixed Deposits w.e.f. 10th October, 2022

Tenure Bucket Resident / NRE / NRO Interest Rates
for Monthly payout p.a.(%)		 Senior Citizen Interest Rates
for Monthly payout p.a.(%)
7 Days to 1 Month 15 Days – –
1 Month 16 Days to 3 Months – –
3 Month 1 Day to 6 Months 4.98% 5.47%
6 Months 1 Day to 12 Months 5.82% 6.32%
12 Months 1 Day to 15 Months 7.06% 7.55%
15 Months 1 Day to 18 Months 6.91% 7.40%
18 Months 1 Day to 24 Months 6.91% 7.40%
24 Months 1 Day to 36 Months 7.45% 7.95%
36 Months 1 Day to 45 Months 7.45% 7.95%
45 Months 1 Day to less than 60 Months 6.91% 7.40%
60 Months to 120 Months 6.91% 7.40%

Terms and Conditions:

1. Retail Fixed Deposits are single Fixed Deposits booked for an amount less than INR 2 Crore.

2. ** For NRE Fixed Deposit: tenures of 12 months 1 day & above are applicable.

3. Interest rates are subject to periodic changes. The applicable interest rates will be offered based on the date and time of receipt of the funds by the Bank. The depositor shall ascertain the rates on the booking date of Fixed Deposit.

4. Only Resident Indian Senior Citizens (of 60 years of age and above) are eligible for the Senior Citizen Interest rate specified. The special rates are applicable only for Resident deposits.

5. The Bank computes interest based on the actual number of months & days in a year. In case, the deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e. 366 days in a leap year & 365 days in a non-leap year. The period of Fixed Deposit is calculated in number of months & days.

6. The interest rate applicable on premature closure of Fixed Deposits (all amounts) will be lower of:

(i). the base rate for the original/contracted tenure for which the Fixed Deposit has been booked
     OR

(ii). the base rate applicable for the tenure for which the Fixed Deposit has been in force with the Bank
The base rate is the rate applicable to Retail Fixed Deposits as on the date of booking the deposit.

7.In case of NRE deposit no interest will be paid if the NRE Deposit is liquidated before the completion of 1 year from the date of booking.

8. The penalty on premature closure / withdrawal of Retail Fixed Deposits including sweep-in and partial closures has been fixed by the Bank at the rate of 1%

9. In case of Domestic Fixed Deposits: No interest will be paid if the deposit is withdrawn within 7 days of the date of booking the deposit

10. Please read the Terms & Conditions for Fixed Deposits to know more

11. Interest compounding frequency and interest payout frequency, on our Fixed Deposits, is on anniversary basis

12. Monthly Payout Fixed Deposits are available only for tenures above 3 months

13. Monthly Payout Fixed Deposits are available for both individuals (Domestic, NRO, Senior Citizens) and non-individuals

14. Monthly Payout Fixed Deposits are available at discounted rates as mentioned above

15. For Interbank Deposit rates contact AU Bank Branch

IDBI Bank Latest FD Interest Rates

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IDBI Bank Latest Fixed Deposit Interest Rates

Interest Rate on Term Deposits (w.e.f. November 01, 2022)

Interest Rate (% p.a.)
Maturity Slab Retail Term Deposits (< 2 Cr)
General Customers Sr. Citizen
0-6 Days NA NA
07-14 days 3 3.5
15-30 days 3 3.5
31-45 days 3.35 3.85
46- 60 days 4.25 4.75
61-90 days 4.25 4.75
91-6 months 4.5 5
6 months 1 day to 270 days 5.25 5.75
271 days up to< 1 year 5.5 6
1 year 6.25 6.75
> 1 Year to 554 Days 6.25 7.00#
556 days to < 2 years 6.25 7.00#
> 2 Years to < 3 Years 6.25 7.00#
3 years to < 5years 6.1 6.85#
5 years 6.1 6.85#
> 5 years to 7 years 6.1 6.85#
>7 years to 10 years 6.1 6.85#
>10 years to 20 years$ 4.8  5.30
Tax Saving FD
5 years 6.1 6.85#

$ Maturity bucket is eligible only for deposits from following beneficiaries (with effect from January 1st, 2021).

1) Awards from Motor Accident Tribunal / Courts / Other Judicial/ Statutory Bodies, 2) Specific Cases of margin money for Bank Guarantees

#rates on IDBI Naman Senior Citizen Deposit (total mark-up 0.75% over Card Rate).

General Terms & Conditions:

  • Tenure for NRO Term Deposit is 07 days to 10 years.
  • Tenure for NRE Term Deposit is 1 year to 10 years.
  • Staff & Sr. Citizen rates are not applicable to NRO & NRE Term Deposits.
  • No interest is paid if the deposit is held for the tenure of below 7 days, the minimum period for Term Deposits as per RBI guidelines.
  • Interest payable on prematurely withdrawn deposits will be the rate applicable for the amount and the period for which the deposit remained with the Bank (rate applicable for that tenure on the original date of the deposit). To illustrate as an example, if a deposit is placed for 5 years and after 1 year the depositor wants to close the deposit prematurely, then the interest rate applied will be the rate which was applicable for one year on the original date of deposit.
  • Bank will levy a penalty of 1%, on the applicable rate for deposits closed prematurely. Such closures include the withdrawals through sweep-ins and partial withdrawals as well.

Non Resident Ordinary – NRO Term Deposit rates (Effective From: November 01, 2022)

NRO for deposit less than Rs. 2 Crore

Maturity Slab Interest Rate (% p.a.)
7-14 Days 3.00
15-30 Days 3.00
31-45 Days 3.35
46- 60 Days 4.25
61-90 Days 4.25
91-6 Months 4.50
6 Months 1 Day to 270 Days 5.25
271 Days up to < 1 Year 5.50
1 Year 6.25
1 Year to 554 Days 6.25
556 Days to to < 2 Years 6.25
2 Years to < 3 Years 6.25
3 Years to < 5 Years 6.10
5 Years 6.10
> 5 years – 7 years 6.10
>7 years – 10 years 6.10

Non Resident (External)

Maturity Slab Interest Rate (% p.a.)
1 Year 6.25
> 1 Year to 554 Days 6.25
556 Days to < 2 Years 6.25
> 2 Years to < 3 Years 6.25
3 Years to < 5 Years 6.10
5 Years 6.10
> 5 Years – 7 Years 6.10
>7 Years – 10 Years 6.10

Note:-

  • The above rates are applicable only on Fresh NRE / NRO deposits and on renewal of maturing deposits for amounts less than Rs. 2 crore. For the interest rate on NRE / NRO deposit for amount Rs 2 Crore and above, kindly refer to “RATES FOR BULK DEPOSITS ( Rs. 2 cr. and Above )” under URL http://www.idbibank.in/interest-rates.aspx
  • No interest will be paid on NRE deposits closed pre-maturely in less than 1 year.
    The additional 50 bps on NRE FD (excluding NRE SSP/ SSP Plus RD) in maturity buckets between 1 year and

Tamilnad Mercantile Bank Latest FD Interest Rates

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Tamilnad Mercantile Bank Latest Fixed Deposit Interest Rates

Domestic & NRO Term Deposits

For all Bulk Deposits above the ceiling amount specified in the table below, refer to the Bulk Deposit table further below.

Period General Public
(Below 2 crore)
w.e.f. 01.09.2022		 Senior Citizens
(Below 2 crore)
w.e.f. 01.09.2022
7-14 days 2.75% 2.75%
15-29 days 3.50% 3.50%
30-45 days 3.50% 3.50%
46-60 days 3.75% 3.75%
61-90 days 3.75% 3.75%
91-179 days 4.50% 4.50%
180-270 days 5.00% 5.00%
271 days to less than 1 year 5.00% 5.00%
1 year 5.50% 6.00%
Above 1 year to less than 20 months & 20 days 5.60% 6.10%
20 months & 20 days 5.60% 6.10%
Above 20 months 20 days to less than 2 years 5.60% 6.10%
2 years to less than 3 years 5.75% 6.25%
3 year to 10 years 5.75% 6.25%

* Additional rate of interest payable on term deposits to Senior Citizens shall not apply to NRO Term Deposits
# Additional rate of interest payable on term deposits to Senior Citizens shall not apply for the period less than one year

Bulk Domestic & NRO Term Deposits
For all Higher Value Deposits beyond the ceiling amount specified in the table below, please contact your nearest TMB Branch for availing special offer if any.

Period Bulk Deposits
(2 Crore to 5 Crore)
w.e.f. 01.09.2022		 Bulk Deposits
(Above 5 Crores)
w.e.f. 01.09.2022
7-14 days 3.35% 3.35%
15-29 days 3.35% 3.35%
30-45 days 3.50% 3.50%
46-60 days 3.50% 3.50%
61-90 days 3.50% 3.50%
91-179 days 4.00% 4.00%
180-270 days 4.25% 4.25%
271 days to less than 1 year 4.75% 4.75%
1 year 5.45% 5.45%
Above 1 year to less than 20 months & 20 days 5.30% 5.30%
20 months & 20 days 5.30% 5.30%
Above 20 months 20 days to less than 2 years 5.25% 5.25%
2 years to less than 3 years 5.25% 5.25%
3 year to 10 years 5.05% 5.05%

Note:
For acceptance of deposit of 2 crore and above, branches should contact your Treasury Department for their permission
There is no penal interest for premature closure of bulk deposits (2 crore and above) after 7 days of opening.

Interest Rate on NRE Deposits

Period Rate of Interest
Below Rs 2 crore** Below Rs 2 crore Bulk deposits
(Rs crore to 5 crore**)		 Bulk deposits
(above 5 crore)#
1 year 5.75 5.5 5.45 5.45
Above 1 year and upto 18 months 5.85 5.6 5.3 5.3
Above 18 months to less than 2 years 5.85 5.6 5.25 5.25
2 years to less than 3 years 6.00 5.75 5.25 5.25
3 years to 10 years 5.85 5.75 5.05 5.05

Terms and conditions:
The above modifications are applicable only for
1. **Fresh Inflow received through our Bank with value date of 07.07.2022 or after
2. Transfer fom other bank NRE accounts with original certificate of Foreign Inward Remittances issued by the respective banks with value date 07.07.2022 or after in the name of depositor only.

It is not applicable for:
1. Fund transferred from our existing SB NRE/NRO accounts
2. Renewal of existing NRE Term Deposits
3. Premature renewal of existing NRE Term Deposits
4. Opening of NRE term deposits with the proceeds of pre-closure/closure of existing FCNR/FCNR plus deposits
5. Transfer from NRE accounts maintained with other banks (self/third party) without production of original certificate of Foreign Inward Remittances issued by the respectives banks with value date 07.07.2022 or after in the name of depositor only
(For these items no. 1 & 5, the existing old rate of interest is only applicable and the revised/increased rate of interest will not be applicable)
If the deposit account is opened through Net Banking/Mobile Banking. The customers shall approach the respective branch/NRI Cell for the eligibility of the increased rate of interest
Contact number for NRI Cell: 9150039414/9150039415

Pre-closure Penalty of all Deposit Schemes
No interest shall be paid on premature withdrawal of deposits upto 14 days from the date of deposit/renewal.
If the depositor opts for premature withdrawal 1% penal interest shall be charged on the rate applicable for the period for which the deposit remained with the bank.

South Indian Bank Latest FD Interest Rates

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South Indian Bank Latest Fixed Deposit Interest Rates

DOMESTIC TERM DEPOSITS (Also applicable for NRO Accounts)

Interest rate on Domestic Term Deposits w.e.f 21st October 2022

Period Single Deposit less than Rs.2 crore
  General Senior Citizens*
7 days to 30 days 2.65% 3.15%
31 days to 90 days 3.25% 3.75%
91 days to 99 days 4.25% 4.75%
100 days 5.50% 6.00%
101 days to 180 days 4.25% 4.75%
181 days to less than 1 year 4.60% 5.10%
1 year to less than 30 months 6.40% 6.90%
30 months 7.00% 7.25%
Above 30 months to less than 5 years 5.90% 6.40%
5 years to up to and including 10 years 6.00% 6.50%
Tax Gain ( 5 Years ) 6.00% 6.50%

* Special rates for Senior Citizens, applicable only to Residents individually or jointly with another resident citizen. Penalty is applicable for premature withdrawal of deposits including Recurring Deposits at the rate of 0.50% for deposit amounts below Rs. 15 lakhs and 1% for deposit amounts of Rs. 15 lakhs and above for deposits opened/renewed upto 31st May 2022. The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less. Effective from 1st June 2022,penalty for premature withdrawal of Retail Term Deposits (including NRE & Recurring Deposits) will be applicable at the rate of 0.50% for deposit amounts below Rs. 5 lakhs and 1% for deposit amounts of Rs. 5 lakhs and above.The new change in penalty is applicable for all term deposits opened or renewed w.e.f. 1st June 2022.The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less.

NRE TERM DEPOSITS

Interest rate on NRE Term Deposits with effect from 12th October 2022

Period Single Deposit less than Rs.2 crore
1 year to less than 30 months
 6.50%p.a
30 Months 7.00%p.a
Above 30 months to less than 5 years 5.90%p.a
5 years to up to and including 10 years 6.00%p.a
  • The revised rates will apply only to fresh deposits and on renewal of maturing deposits.
  • No interest will be paid if closed within one year.
  • No additional interest will be paid for Senior Citizens under NRE Term deposit schemes.
  • Penalty for premature withdrawal will be applicable for Retail Term Deposits (including NRE & Recurring Deposits) opened/ renewed from 01.06.2022 at the rate of 0.50% for deposit amounts below Rs. 5 lakhs and 1% for deposit amounts of Rs. 5 lakhs and above. The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less.

NON CALLABLE DEPOSITS

Interest rate on Non Callable Domestic Term Deposits w.e.f 12th October 2022

Period Single Deposit above Rs. 15.00 lakhs and less than Rs.2 crore
General Senior Citizens*
15 Months ( SIB MAXIMO) 6.50% 7.00%

RBL Bank Latest FD Interest Rates

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RBL Bank Latest Fixed Deposit Interest Rates

Fixed Deposits

Attention of customers/public is invited on the changes in interest rates Fixed Deposits w.e.f. November 01, 2022
Interest Rate on Domestic, NRO, NRE & Flexi Fixed Deposits

Deposits below Rs.2 crore
Period of Deposit Domestic & Flexi FD Interest Rates p.a. Senior Citizen Interest Rates p.a. NRE Interest Rates p.a. NRO Interest Rates p.a.
7 days to 14 days 3.25% 3.75% NA 3.25%
15 days to 45 days 3.75% 4.25% NA 3.75%
46 days to 90 days 4.00% 4.50% NA 4.00%
91 days to 180 days 4.50% 5.00% NA 4.50%
181 days to 240 days 5.00% 5.50% NA 5.00%
241 days to 364 days 5.25% 5.75% NA 5.25%
365 to 452 days (12 months to less than 15 months) 6.50% 7.00% 6.50% 6.50%
453 to 459 days (15 months) 7.00% 7.50% 7.00% 7.00%
460 to 724 days (15 months 1 day to less than 725 days) 7.00% 7.50% 7.00% 7.00%
725 days 7.25% 7.75% 7.25% 7.25%
726 days to less than 24 months 7.00% 7.50% 7.00% 7.00%
24 months to less than 36 months 6.75% 7.25% 6.75% 6.75%
36 months to 60 months 1 day 6.55% 7.05% 6.55% 6.55%
60 months 2 Days to 240 months 5.75% 6.25% 5.75% 5.75%
Tax Savings Fixed Deposit (60 months) 6.55% 7.05% NA 6.55%

Note:

  • For Fixed Deposits equal to and above Rs. 2 Crore please contact concerned branch staff.
  • Interest rates are subject to change from time to time. Deposit will be booked upon availability of clear funds with the bank at applicable interest rate as on the date of receipt of the funds by the bank.
  • Interest earned on the Fixed Deposit will be subject to applicable Tax Deducted at Source as per Income Tax laws.
  • The Fixed Deposit rate applicable for a monthly interest option will be discounted rate over the applicable rate.
  • The maximum aggregate amount that can be invested in the Tax Savings Fixed Deposit (80C FD) under a single PAN is Rs. 150,000 and the same cannot be closed prematurely before expiry of the lock-in period of 5 years. Tax Savings Fixed Deposit is applicable for Domestic/NRO (Not Applicable for NRE Fixed Deposits).
  • For Fixed Deposits with tenure below 181 days, interest will be calculated at maturity as simple interest.
  • No deviation from the above rates will be permitted.
  • The revised rates are applicable for fresh Fixed Deposits and renewal of old Fixed Deposits.
  • On premature full/partial withdrawal of the Fixed Deposit, interest shall be paid at the rate that was applicable on the date the deposit was placed and for the period for which the deposit is maintained with the Bank, subject to a penalty of 1% on such rate. However, there is no penalty for premature withdrawal of Fixed Deposits by senior citizens/super senior citizens.
  • Above rates are also applicable for NRO/NRE Fixed Deposits
  • Minimum tenure for NRE Fixed Deposit is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
  • Minimum tenure for Domestic & NRO Fixed Deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.
  • Senior Citizens (60 years to less than 80 years) are eligible for additional interest rate of 0.50% p.a. and Super Senior Citizens (80 years and above) are eligible for additional interest rate of 0.75% p.a. Senior Citizens/Super Senior Citizens rates are not applicable on Non Resident Fixed Deposits (NRE/NRO).
  • Please note that the interest rate applicable on multiple deposits, made by the same customer in one particular tenor bucket would be the rate which is applicable for the total value of such deposits.
  • Tenures mentioned in months and days from 365 days to less than 24 months is simplification of TD booking for the customers however applicable rate shall be as per number of days only.

NRI Fixed Deposits (NRE & NRO)

Attention of customers/public is invited on the changes in interest rates Fixed Deposits w.e.f. November 01, 2022
Interest Rate on NRE & NRO Fixed Deposits

Deposits below Rs.2 crore
Period of Deposit NRE Interest Rates p.a. NRO Interest Rates p.a.
7 days to 14 days NA 3.25%
15 days to 45 days NA 3.75%
46 days to 90 days NA 4.00%
91 days to 180 days NA 4.50%
181 days to 240 days NA 5.00%
241 days to 364 days NA 5.25%
365 to 452 days (12 months to less than 15 months) 6.50% 6.50%
453 to 459 days (15 months) 7.00% 7.00%
460 to 724 days (15 months 1 day to less than 725 days) 7.00% 7.00%
725 days 7.25% 7.25%
726 days to less than 24 months 7.00% 7.00%
24 months to less than 36 months 6.75% 6.75%
36 months to 60 months 1 day 6.55% 6.55%
60 months 2 Days to 240 months 5.75% 5.75%
Tax savings Fixed Deposits(60 months) NA 6.55%

Note:

  • For NRE/NRO Fixed Deposits equal to and above Rs. 2 Crore please contact concerned branch staff.
  • Interest rates are subject to change from time to time. Deposit will be booked upon availability of clear funds with the bank at applicable interest rate as on the date of receipt of the funds by the bank.
  • Interest earned on the NRO Fixed Deposit will be subject to applicable Tax Deducted at Source as per Income Tax laws.
  • The Fixed Deposit rate applicable for a monthly interest option will be discounted rate over the applicable rate.
  • The maximum aggregate amount that can be invested in the Tax Savings Fixed Deposit (80C FD) under a single PAN is Rs. 150,000 and the same cannot be closed prematurely before expiry of the lock-in period of 5 years. Tax Savings Fixed Deposit is applicable for NRO Deposits (Not Applicable for NRE Fixed Deposits).
  • For Fixed Deposits (NRO) with tenure below 181 days, interest will be calculated at maturity as simple interest.
  • No deviation from the above rates will be permitted.
  • The revised rates are applicable for fresh Fixed Deposits and renewal of old Fixed Deposits.
  • On premature full/partial withdrawal of the Fixed Deposit, interest shall be paid at the rate that was applicable on the date the deposit was placed and for the period for which the deposit is maintained with the Bank, subject to a penalty of 1% on such rate.
  • Minimum tenure for NRE Fixed Deposit is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
  • Minimum tenure for NRO Fixed Deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.
  • Senior Citizens rate is not applicable on Non Resident Fixed Deposits.
  • Please note that the interest rate applicable on multiple deposits, made by the same customer in one particular tenor bucket would be the rate which is applicable for the total value of such deposits.
  • Tenures mentioned in months and days from 365 days to less than 24 months is simplification of TD booking for the customers however applicable rate shall be as per number of days only.

Nainital Bank Latest FD Interest Rates

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Nainital Bank Latest Fixed Deposit Interest Rates

Term Deposits

w.e.f. 20 th October, 2022

Maturity Range Rates (%p.a.)
7 days to 14 days 3.25%
15 days to 30 days 3.25%
31 days to 45 days 3.25%
46 days to 90 days 4.25%
91 days to 179 days 4.25%
180 days and above but less than 270 days 4.95%
270 days and above but less than 1 year 5.05%
1 year and above but less than or equal to 18 months 5.75%
Naini Utkrisht Term Deposit Scheme – 605 days 6.05%
Naini Centenary Deposit Scheme – 625 days** 6.25%
Above 18 months but less than or equal to 2 years 5.60%
Above 2 years but less than or equal to 3 years 5.60%
Above 3 years but less than or equal to 5 years 5.75%
Above 5 years but less than or equal to upto 10 years 5.35%
Naini Tax Saver Scheme* 5.75%

*Premature withdrawal not allowed before completion of 05 years except in case of death of the customer.

Domestic Term Deposits for Senior Citizens: – Branches may continue to pay an additional interest of 0.50% on domestic term deposits of less than Rs. 2.00 crore to Senior Citizens for all tenors in terms of extant guidelines, except under Naini Tax Saver Scheme.

Domestic Term Deposits for Staff Members: – Branches may continue to pay an additional interest of 1% on domestic term deposits of less than Rs. 2.00 crore to all Staff Members for all tenors in terms of extant guidelines, except under Naini Tax Saver Scheme.

In case of retired Staff members who are Senior Citizens resident in India, branches are authorized to pay additional interest of 1.50% per annum (i.e. 1% normal staff privilege plus 0.50% as a benefit of being a Senior Citizen on their fresh term deposits and renewals of existing resident Term Deposits of less than Rs. 2 Crores for maturities from 15 days to 10 years.

Please extend additional rate (as applicable) to staff members and senior citizen staff members only in case where name of staff member/senior citizen staff is notified as principal (first name) account holder in account.

We reiterate that in case of premature payment of term deposits, interest rate shall be 1% less than the interest rate applicable for the period the deposit remained with the bank as per existing guidelines. Please, further note that rates for bulk deposits (single deposit of Rs 2.00 Crores and above) are determined by Treasury Department, Head Office, Nainital and are directly updated in the CBS System, on need based business requirements of the bank.

Please bring the contents of this circular to the notice of all staff members for their information and knowledge and copy thereof should also be placed on Notice Board for general information of visiting persons and customers.

For Bulk Deposit-Rs. 2.00 crore and above including Inter Bank Deposits, reference to be made to
Investment Department, HO Nainital. (05942-237138)
or Write to – [email protected]

Rate quoted are subject to change without notice.

The revised rates are applicable for fresh deposits and renewal of old deposits.

In case of premature payment of Term Deposit, Interest Rate shall be 1% less than the interest rate applicable, at the time of placing the deposit, for the period the deposit remained with the Bank.

Karur Vysya Bank Latest FD Interest Rates

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Karur Vysya Bank Latest Fixed Deposit Interest Rates

Resident / NRO Deposits

Check the interest rates of Savings accounts and deposits below. Rates of Interest on domestic deposits w.e.f. 10.10.2022.

Domestic Term Deposits (Card Rates)

Time Bucket Revised Rate (Less than Rs. 2 Crores) (w.e.f. 10.10.2022)
7 Days to 14 days  4.00%
15 Days to 30 days  4.00%
31 Days to 45 days  5.25%
46 Days to 90 days  5.25%
91 Days to 120 Days 5.25%
121 Days to 180 Days 5.50%
181 Days to 270 days  5.75%
271 Days to less than 1 year  5.90%
1 year to less than 2 years  6.30%
2 years to less than 3 years  6.50%
3 years to less than 5 years  6.10%
5 years to less than 6 years 6.10%
6 years and above 6.10%
KVB – Tax Shield 5.90%

Senior Citizen Deposits (Card Rates)

Time Bucket Revised Rate (w.e.f. 10.10.2022)
1 year to less than 2 years  6.70%
2 years to less than 3 years  6.90%
3 years to less than 5 years 6.60%
5 years to less than 6 years 6.60%
6 years to less than 10 years 6.60%
KVB – Tax Shield Deposits  5.90%
  • Senior Citizen rates are not applicable to NRI.
  • Maximum Ceiling limit for acceptance of Senior Citizen deposits is Rs. 3 Crores.

Kindly contact the nearest branch for deposits above Rs. 2 Crores.

Penal Interest on pre-closure of deposits:

  • Up to Rs. 2 Crores of deposit – Penalty of 1% from applicable ROI.
  • Above Rs. 2 Crores of deposit – Pre-closure Penalty norms applicable.

Interest will be calculated at the rate applicable for the period the deposit has actually remained with the bank. The rates are subject to change without notice.

Bulk Term Deposits

Rate of Interest on Bulk Term deposits w.e.f. 02.11.2022

BULK DEPOSIT INTEREST RATES
For Single Rupee Deposit Receipt of

Deposit Amount Rs. 2 Cr. to < Rs. 5 Cr. Rs. 5 Cr. to < Rs. 10 Cr. Rs. 10 Cr. to < Rs. 25 Cr. Rs. 25 Cr. and Above
Tenor Premature Withdrawal Allowed Premature Withdrawal Not Allowed Premature Withdrawal Allowed Premature Withdrawal Not Allowed Premature Withdrawal Allowed Premature Withdrawal Not Allowed Premature Withdrawal Allowed Premature Withdrawal Not Allowed
7 Days to 14 Days 4.00% 4.50% 4.00% 4.50% 4.75% 5.40% 5.70% 5.70%
15 Days to 30 Days 4.00% 4.50% 4.00% 4.50% 4.75% 5.40% 5.70% 5.70%
31 Days to 45 Days 4.75% 5.25% 4.75% 5.25% 4.75% 5.40% 5.70% 5.70%
46 Days to 90 Days 5.00% 5.25% 5.00% 5.25% 5.25% 5.75% 5.25% 5.75%
91 Days to 180 Days 5.00% 5.25% 5.00% 5.25% 5.50% 5.75% 5.50% 6.30%
181 Days to 270 Days 6.00% 6.50% 6.00% 6.50% 6.25% 6.75% 6.25% 6.75%
271 Days to < 1 Year 6.00% 6.50% 6.00% 6.50% 6.25% 6.75% 6.25% 6.75%
1 Year to < 2 Years 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
2 Years to < 3 Years 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00%
3 Years to 5 Years 7.00% 7.10% 7.00% 7.10% 7.00% 7.10% 7.00% 7.10%

Kindly contact the nearest branch for Bulk Deposits and other terms and conditions.

Above rates are subject to change without prior Notice.

The permission to accept the bulk deposit would be given by Treasury Department keeping in view the liquidity position of the Bank.

Penal Interest on Pre-Closure of Deposits:

​​Pre-closure Penalty norms applicable. Penalty of 1% from applicable ROI would be levied. 

(Interest will be calculated at the rate applicable for the period the deposit has actually remained with the bank.) ​

NRE Deposits

Rates of Interest on NRE deposits (w.e.f. 01.11.2022) are listed below:

Time Bucket Revised Rate (w.e.f. 01.11.2022)
1 year to less than 2 years  6.30%
2 years to less than 3 years  6.50%
3 years to less than 5 years  6.10%
5 years to less than 6 years 6.10%
6 years and above 6.10%

The revised rates will be applicable to fresh deposits and renewals only.

Penal Interest on pre-closure of deposits:

  • Up to Rs. 2 Crores of deposit – Penalty of 1% from applicable ROI.
  • Above Rs. 2 Crores of deposit – Pre-closure Penalty norms applicable.

Interest will be calculated at the rate applicable for the period the deposit has remained with the bank. The rates are subject to change without notice.

Karnataka Bank Latest FD Interest Rates

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Karnataka Bank Latest Fixed Deposit Interest Rates

Deposit Interest Rates

Rates of Interest on Domestic Term Deposits w.e.f. 29th September, 2022

Interest rates for deposits General Public

New Deposit scheme “KBL Centenary Deposit” introduced for maturity period of 555 days at 7.20% p.a. interest rate on Domestic term deposits and NRE Deposits.

Maturity Pattern Interest Rate (% p.a) for Deposits below Rs.2 Crore Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 10 Crore
7 days to 90 days 5.25 5.60
91 days to 364 days 5.25 5.25
1 year to 2 Years 6.40 6.50
Above 2 Year to 5 years 5.75 5.75
Above 5 year to 10 years 5.80 5.80

Minor Deposit Scheme w.e.f. 01-11-2021

7 days to 10 years As applicable for Domestic Term Deposits
Above 10 years 5.50

Interest rate for Senior Citizens:(FD & ACC Only)

*0.40% extra over the general rate upto & inclusive of 5 crore only under Domestic FD and ACC Schemes (Not for deposit under NRE/NRO/FCNR(B) accounts) for resident Senior Citizens only for tenure 1 to 5 years and 0.50% extra over the general rate for tenure 5 to 10 years w.e.f. 09.11.2020. Senior Citizen interest rate benefit for term deposits below 1 year is withdrawn w.e.f. June 06, 2019.

Additional interest rate benefits on Senior Citizen (General Public & Staff) domestic term deposits of above ₹ 5.00 Crore is withdrawn w.e.f. 01.09.2019.

w.e.f. 29.09.2022

Maturity Pattern Interest Rate (% p.a) for Deposits below Rs.2 Crore Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 5 Crore
1 year to 2 Years 6.80 6.90
Above 2 Year to 5 years 6.15 6.15
Above 5 Year to 10 years 6.30 6.30

NRE Rupee Term Deposits

Interest rates for NRE Rupee Term Deposits w.e.f. 29.09.2022

Maturity Pattern Interest Rate (% p.a) for Deposits below Rs.2 Crore Interest Rate (% p.a) for Deposits Rs.2 Crore and upto Rs. 10 Crore
1 Year to 2 Years 6.40 6.50
Above 2 Year to 5 Years 5.75 5.75
Above 5 Year to 10 Years 5.80 5.80

Premature Closure of both Domestic & NRE Deposits:

For Regular deposit schemes:

The penalty clause for premature closure of deposits on fresh deposits and renewals made is as follows:

(i) Term Deposit of below Rs.2 crore:

  • In the case of NRE rupee deposits, the minimum period of deposit is 1 year. Hence, no interest is payable on premature closure of NRE rupee deposits within 1 year.

 

(ii) Term Deposit of Rs 2 crore & above:

  • Penalty of 1% on applicable rate shall be levied for premature closure of single rupee term deposit of Rs 2 crore & above. For the purpose, applicable rate means interest rate applicable for the period the deposit has remained with the Bank or contracted rate, whichever is less.
  • However, if the deposit is prematurely closed for reinvestment, interest shall be paid at the rate applicable to the period for which the deposit remained with the bank without penalty for the amount reinvested, provided the reinvested deposit remains with the bank for a period longer than the remaining period of original deposit.
  • In the case of NRE rupee term deposits the minimum period of deposit is 1 year. Hence, no interest is payable on premature closure of NRE rupee deposits within 1 year.
Scheme Rate of Interest (% p.a) Remarks Scheme
– For General Public For Senior Citizens –
KBL – Tax Planner 5.75 6.15 Period of deposit is fixed for 5 years only, for deposits not exceeding Rs. 1.5 lakhs in a year. Premature closure under this scheme is not allowed.

Jammu & Kashmir Bank Latest FD Interest Rates

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Jammu & Kashmir Bank Latest Fixed Deposit Interest Rates

DOMESTIC TERM DEPOSITS

Interest Rates on Domestic Term Deposits of less than Rs. 2.00 Crore w.e.f October 11, 2022

Maturity Period Deposit Type Current Interest Rates per Annum Revised Interest Rates per Annum w.e.f October 11, 2022
7 days to 30 days Domestic/NRO 3.50% 3.50%
31 days to 45 days Domestic/NRO 3.70% 3.70%
46 days to 90 days Domestic/NRO 4.00% 4.00%
91 days to 180 days Domestic/NRO 4.50% 4.50%
181 days to 270 days Domestic/NRO 5.00% 5.00%
271 days to less than 1 Year Domestic/NRO 5.25% 5.50%
1 year to less than 2 years Domestic/NRO/NRE 6.25% 6.25%
2 years to less than 3 years Domestic/NRO/NRE 5.75% 5.75%
3 years to less than 5 years Domestic/NRO/NRE 5.75% 5.75%
5 years to less than 10 years Domestic/NRO/NRE 6.00% 6.00%
  • The above rates are applicable for fresh deposits and renewal of maturing deposits for amounts less than Rs 2.00 Crores. The minimum contract period of NRE deposits is 1 year.
  • Domestic Term Deposits of Senior Citizens of over 60 years of age shall continue to earn 0.50 % additional rate across all maturities.

The Interest rates applicable for Withdrawable Term Deposits w.e.f October 11, 2022 are as under:

Maturity Period Deposit Type Current Interest Rates per Annum Revised Interest Rates per Annum
7 days to 30 days Domestic/NRO

3.50%

3.50%
31 days to 45 days Domestic/NRO

4.00%

4.00%
46 days to 90 days Domestic/NRO

4.75%

4.75%
91 days to 180 days Domestic/NRO

5.00%

5.00%
181 days to 270 days Domestic/NRO

5.25%

5.60%
271 days to less than 1 Year Domestic/NRO

5.75%

5.75%
1 year to less than 2 years Domestic/NRO/NRE

6.25%

6.25%
2 years to less than 3 years Domestic/NRO/NRE

5.75%

6.10%
3 years to less than 5 years Domestic/NRO/NRE

5.75%

5.75%
5 years to less than 10 years Domestic/NRO/NRE

6.00%

6.00%
  • The above rates are applicable for fresh term deposits and renewal of maturing term deposits for amounts of 2.00 Crore to less than 5.00 Crore .The minimum contract period of NRE term deposits is 1 year.
  • Domestic Term of Senior Citizens of over 60 years of age shall continue to earn additional interest rate of 0.50% across all maturities in this segment.

The Interest rates applicable for Non-Withdrawable Term Deposits w.e.f October 11, 2022 are as under:

Maturity Period  

Deposit Type

 Revised Interest Rates per Annum   (Non-Withdrawable)

For Rs 2.00 Crs to Rs 2.50 Crs

 

Above Rs 2.50 Crs to Less than Rs 5.00 Crs
91 days to 180 days Domestic/NRO 5.10% 5.10%
181 days to 270 days Domestic/NRO 5.70% 5.70%
271 days to less than 1 year Domestic/NRO 5.85% 5.85%
1 year to less than 2 years Domestic/NRO/NRE 6.35% 6.35%
2 year to less than 3 years Domestic/NRO/NRE 6.20% 6.20%
  • The minimum contract period of NRE Term Deposits is 1 Year.

Federal Bank Latest FD Interest Rates

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Federal Bank Latest Fixed Deposit Interest Rates

Resident Term Deposits

Interest rates for Resident Term Deposits effective from 30-10-2022

Period Single Deposit Less than ₹200 Lakhs – General Public Single Deposit Less than ₹200 Lakhs – Senior Citizen
7 days to 29 days 3.00% 3.50%
30 days to 45 days 3.25% 3.75%
46 days to 60 days 3.75% 4.25%
61 days to 90 days 4.00% 4.50%
91 days to 119 days 4.10% 4.60%
120 days to 180 days 4.25% 4.75%
181 days to 332 days 4.80% 5.30%
333 days 5.60% 6.10%
334 days to less than 1 year 4.80% 5.30%
20 months 6.10% 6.60%
Above 20 months to 699 days 5.60% 6.10%
1 year 5.60% 6.10%
Above 1 year to less than 20 months 5.60% 6.10%
700 Days 7.00% 7.50%
701 days to 749 days 5.75% 6.25%
750 days 6.50% 7.00%
751 days to less than 3 years 5.75% 6.25%
3 years to less than 5 years 6.00% 6.50%
5 years to 2221 days 6.00% 6.65%
2222 Days 6.20% 6.85%
Above 2222 days 6.00% 6.65%

Penalty for premature withdrawal of Rupee Term Deposits Opened/Renewed w.e.f 21.10.2022

 Revised Premature withdrawal penalty structure for Rupee Term deposits 

Period of Deposit* Single deposit of less than ₹2 Crore Single deposit of ₹2 Crore and above
Up to and including 15 days

0%

1%
Above 15 days

1%

1%

* Period for which the deposit is maintained with the Bank, irrespective of the contracted tenor. Deposits opened for a period of 2222 days will be treated as Green Deposits and these deposits will be exclusively used for funding Green loan portfolio.

Premature withdrawal penalty structure for Smart Deposit Scheme

Period of Deposit Penal Interest
Up to and including 90 days 0%
Above 90 days 1%

NRE FIXED DEPOSIT INTEREST RATES

Interest rates for NRE Fixed Deposits effective from 01-11-2022

Period Single Deposit Less than ₹200 Lakhs
1 year to less than 20 months 5.60%
20 months 6.10%
Above 20 months to 699 days 5.60%
700 days 7.00%
701 days to 749 days 5.75%
750 days 6.50%
751 days to less than 3 years 5.75%
3 years to 2221 days 6.00%
2222 Days 6.20%
2223 days and above 6.00%

 

Dhanlaxmi Bank Latest FD Interest Rates

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Dhanlaxmi Bank Latest Fixed Deposit Interest Rates

Term Deposits-Domestic & NRO Deposits (w.e.f. 12.10.2022)

Term Deposits (All Maturities) Rates of Interest (Less than Rs.2 Crore)
7 days to 14 days 3.25
15 days to 45 days 3.25
46 days to 60 days 3.75
61 days to 90 days 3.75
91 days to 179 days 4.50
180 days to less than one year 4.50
1 Year and above upto & inclusive of 2 years 5.60
555 days 6.10
Above 2 years upto & inclusive of 3 years 6.00
Above 3 years upto & inclusive of 5 years 6.10
1111 days 6.25
Above 5 years upto & inclusive of 10 years 6.10

Senior citizens are eligible for an additional interest rate of 0.50% p.a. for all domestic term deposits of 1 year and above except for Dhanam Tax Advantage deposits.

Bulk Deposits-Domestic Term Deposits Only

Term Deposits (All Maturities) Rates of Interest
Tenure 7 – 14 Days 15-65 Days 66 Days
67- 90 Days 
 91  to 181 Days 182 Days to 1 Year
Rs.2 Crore and upto Rs.10 Crore 5.50

 
 5.65

 
 6.20 6.20 6.15

 
 5.90
Above Rs.10 Crore  and upto Rs.25 Crore 5.55 5.75 6.25 6.30 6.15 6.00
Above Rs.25 Crore and upto Rs.50 Crore 5.60 5.80 6.66 6.35 6.15

 
 6.00
Above Rs.50 Crore 5.70 5.85 6.66 6.40 6.15 6.00

Rates above will apply for the tenors / amount slabs mentioned.
Above rates are subject to change. The permission to accept the bulk deposit would be given by Treasury Department keeping in view the liquidity position of the Bank. No senior citizen benefits available for single deposit of Rs.2 crore & above.

Term Deposits-NRE Deposits

NRE (All Maturities) (w.e.f  01.11.2022) Rates of Interest (Less than Rs.2 Crore)
Above 1 year upto & inclusive of 2 years 5.60
555 days 6.10
Above 2 years upto & inclusive of 3 years 6.00
Above 3 years upto & inclusive of 5 years 6.10
1111 days 6.25
Above 5 years upto & inclusive of 10 years 6.10

No interest will be paid on term deposits that have remained with the bank for less than the minimum period prescribed.
The above Interest rates are Applicable to Deposits less than R/s 2 Crore.
For interest rates on Domestic, NRE and NRO Deposits of Rs 2 crore and above, please contact your branch.
We have introduced penalty for Premature Withdrawal for 1 % for Term Deposits of Rs. 5,00,000/- and above and 0.50 % for Term Deposits less than 5,00,000/- w.e.f. April 18, 2016.

DCB Bank Latest FD Interest Rates

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DCB Bank Latest Fixed Deposit Interest Rates

Resident Fixed Deposit Interest Rates

Resident Indian Fixed Deposit Interest Rates (with effect from 31th October, 2022)

Tenure Deposit Interest Rate
(percent per annum)		 Effective Annualised Yield (% per annum) * Rate for Senior Citizens (% per annum) Effective Annualised Yield (% per annum) *
Single Deposit of less than INR 2 Cr.
7 days to 14 days 3.75% 3.75% 4.25% 4.25%
15 days to 45 days 3.75% 3.75% 4.25% 4.25%
46 days to 90 days 3.75% 3.75% 4.25% 4.25%
91 days to less than 6 months 4.50% 4.50% 5.00% 5.00%
6 months to less than 12 months 5.70% 5.78% 6.20% 6.29%
12 months 6.75% 6.92% 7.25% 7.45%
More than 12 months to less than 15 months 6.75% 6.92% 7.25% 7.45%
15 months to less than 18 months 6.75% 6.98% 7.25% 7.52%
18 months to less than 700 days 6.75% 7.10% 7.25% 7.66%
700 days 7.10% 7.49% 7.60% 8.05%
More than 700 days to less than 36 months 7.50% 8.24% 8.25% 9.16%
36 months  7.50% 8.32% 8.25% 9.25%
More than 36 months to 60 months 7.25% 8.65% 7.75% 9.36%
More than 60 months to 120 months 7.00% 10.02% 7.50% 11.02%

Interest Rates for Domestic NON CALLABLE RETAIL Deposits (With effect from 31th October, 2022)

Tenure Deposit NON CALLABLE Interest rate (%per annum) for single deposit of INR 25 Lakh to less than  INR 2 Cr.
Non – Callable
12 months 7.25%
More than 12 months to less than 15 months 7.25%
15 months to less than 18 months 7.40%
18 months to less than 700 days 7.50%
700 days 7.50%
More than 700 days to less than 36 months 7.60%
36 months 7.60%
More than 36 months to 60 Months 7.60%

Interest Rates for Domestic / NRO / NRE** Bulk Deposits (with effect from 10th October, 2022)

Tenure Deposit Interest rate (%per annum) for single deposit of INR 2 Cr. to less than  INR 5 Cr.
Regular Non – Callable
7 days to 14 days 3.00% –
15 days to 30 days 3.25% –
31 days to 45 days 3.50% –
46 days to 60 days 3.75% –
61 days to 89 days 4.10% –
90 days 6.50% –
91 days to 119 days 6.75% 6.85%
120 days 6.75% 6.85%
121 days to less than 6 months 6.80% 6.95%
6 months to less than 7 months 6.80% 6.95%
7 months to less than 9 months 6.90% 7.05%
9 months to less than 12 months 7.00% 7.15%
12 months 7.10% 7.15%
More than 12 months to less than 15 months 7.10% 7.15%
15 months to less than 18 months 7.10% 7.15%
18 months to less than 24 months 7.10% 7.15%
24 months 7.10% 7.15%
More than 24 months to 36 months 7.10% 7.15%
More than 36 months to 60 Months 6.50% 6.65%
More than 60 months to 120 Months 6.50% –

Interest Rates for Domestic / NRO / NRE** Bulk Deposits (with effect from 27th October, 2022)

Tenure Deposit Interest rate (%per annum) for single deposit of INR 5 Cr. to less than INR 10 Cr.)
Regular Non – Callable
7 days to 14 days 3.00% –
15 days to 30 days 3.25% –
31 days to 45 days 3.50% –
46 days to 60 days 3.75% –
61 days to 89 days 4.10% –
90 days 6.50% –
91 days to 119 days 6.75% 6.85%
120 days 6.75% 6.85%
121 days to less than 6 months 6.80% 6.95%
6 months to less than 7 months 6.80% 6.95%
7 months to less than 9 months 6.90% 7.05%
9 months to less than 12 months 7.00% 7.15%
12 months 7.95% 8.00%
More than 12 months to less than 15 months 7.95% 8.00%
15 months to less than 18 months 7.95% 8.00%
18 months to less than 24 months 7.95% 8.00%
24 months 7.95% 8.00%
More than 24 months to 36 months 7.95% 8.00%
More than 36 months to 60 months 6.50% 6.65%

Interest Rates for Domestic / NRO / NRE** Bulk Deposits (with effect from 10th October, 2022)

Tenure Deposit Interest rate (%per annum) for single deposit of INR 10 Cr. and above)
Regular Non – Callable
7 days to 14 days 3.00% –
15 days to 30 days 3.25% –
31 days to 45 days 3.50% –
46 days to 60 days 3.75% –
61 days to 89 days 4.10% –
90 days 6.50% –
91 days to 119 days 6.75% 6.85%
120 days 6.75% 6.85%
121 days to less than 6 months 6.80% 6.95%
6 months to less than 7 months 6.80% 6.95%
7 months to less than 9 months 6.90% 7.05%
9 months to less than 12 months 7.00% 7.15%
12 months 7.95% 8.00%
More than 12 months to less than15 months 7.95% 8.00%
15 Months to less than 18 months 7.95% 8.00%
18 months to less than 24 months 7.95% 8.00%
24 months 7.95% 8.00%
More than 24 months to 36 months 7.95% 8.00%
More than 36 months to 60 months 6.50% 6.65%

Important Terms and Conditions:
Rates of Interest are subject to revision without notice
There is no additional benefit to NR Senior Citizen
Bank Treasury approval is required for “interest rate quotes and booking” for single deposit of Rs.2 Cr. and above
*Annualised yield is calculated on the assumption of quarterly compounding frequency and for highest tenure in each slab
**Minimum tenor for NRE fixed deposit is 12 months.
Non callable deposits cannot be closed by the depositor before expiry of the term of such deposit.
No additional rate of Interest for Senior Citizen is applicable on Bulk Fixed Deposits and Non Callable Retail Fixed Deposits

NRE FD (Non Resident External Fixed Deposit) Interest Rates

NRE FD (Non Resident External Fixed Deposit) Interest Rates (with effect from 31th October, 2022)

Tenure Deposit Interest Rate
(% per annum)		 Effective Annualised Yield (% per annum) *
Single Deposit of less than INR 2 Cr.
12 months 6.75% 6.92%
More than 12 months to less than 15 months 6.75% 6.92%
15 months to less than 18 months 6.75% 6.98%
18 months to less than 700 days 6.75% 7.10%
700 days 7.10% 7.49%
More than 700 days to 36 month 7.50% 8.32%
More than 36 months to 60 months 7.25% 8.65%
More than 60 months to 120 months 7.00% 10.02%

Important Terms and Conditions:
Rates of Interest are subject to revision without notice
There is no additional benefit to NR Senior Citizen
Bank Treasury approval is required for “interest rate quotes and booking” for single deposit of INR 2 Cr. and above
*Annualised yield is calculated on the assumption of quarterly compounding frequency and for highest tenure in each slab

NRO FD (Non Resident Ordinary Fixed Deposit) Interest Rates

NRO FD (Non Resident Ordinary Fixed Deposit) Interest Rates (with effect from 31th October, 2022)

Tenure Deposit Interest Rate
(% per annum)		 Effective Annualised Yield (% per annum) *
Single Deposit of less than INR 2 Cr.
7 days to 14 days 3.75% 3.75%
15 days to 45 days 3.75% 3.75%
46 days to 90 days 3.75% 3.75%
91 days to less than 6 months 4.50% 4.50%
6 Months to less than 12 months 5.70% 5.78%
12 months 6.75% 6.92%
More than 12 months to less than 15 months 6.75% 6.92%
15 months to less than 18 months 6.75% 6.98%
18 months to less than 700 days 6.75% 7.10%
700 days 7.10% 7.49%
More than 700 days to 36 months 7.50% 8.32%
More than 36 months to 60 months 7.25% 8.65%
More than 60 months to 120 months 7.00% 10.02%

Important Terms and Conditions:
Rates of Interest are subject to revision without notice
There is no additional benefit to NR Senior Citizen
Bank Treasury approval is required for interest rate quotes and booking for single deposit of Rs.2 crore and above
*Annualised yield is calculated on the assumption of quarterly compounding frequency and for highest tenure in each slab

CSB Bank Latest FD Interest Rates

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CSB Bank Latest Fixed Deposit Interest Rates

INTEREST RATES (P.A.) ON DOMESTIC TERM DEPOSITS (W.E.F. 03-10-2022)

Slab Deposit Tenor Below Rs 2 Crore
(Rate of Interest p.a.)
1 7 days to 90 days 3.00%
2 91 days to 179 days 3.50%
3 180 days to less than 1 year 4.25%
4 1 year 5.00%
5 Above 1 year to less than 400 days 5.50%
6 400 days* 6.00%
7 Above 400 days to less than 555 days 5.50%
8 555 days* 7.00%
9 Above 555 days to 2 years 5.50%
10 Above 2 years to 5 years 5.75%
11 Above 5 years to 10 years 6.00%

For the interest rate for Rs. 2 Crore and above, please contact the nearest branch

*The benefit of additional interest rate is not applicable for term deposits opened under staff category for these deposit tenures.

INTEREST RATES (P.A.) ON ACHARYA DEPOSITS (TERM DEPOSITS FOR RESIDENT INDIAN SENIOR CITIZEN) (W.E.F. 03-10-2022)

Slab Deposit Tenor Below Rs. 2 Crore
(Rate of Interest p.a.)
1 180 days to less than 1 year 4.75%
2 1 year 5.50%
3 Above 1 year to less than 400 days 6.00%
4 400 days* 6.00%
5 Above 400 days to less than 555 days 6.00%
6 555 days* 7.00%
7 Above 555 days to 2 years 6.00%
8 Above 2 years to 5 years 6.25%
9 Above 5 years to 10 years 6.50%

For the interest rate for Rs. 2 Crore and above, please contact the nearest branch

*The benefit of additional interest rate is not applicable for term deposits opened under staff category for these deposit tenures.

Effective from 01.01.2007, where term deposits (opened on or after 01.01.2007) are closed prematurely, the rate of interest payable shall be the one as applicable for the period for which the deposit actually remained with the bank, ruling on the date of the deposit, less 1% penalty.

ANNUALISED YIELD (P.A) FOR DOMESTIC TERM DEPOSITS (W.E.F. 01-06-2022)

Period Below Rs. 2 Crore
1 Year 5.09%
2 Years 5.77%
3 Years 6.23%
4 Years 6.41%
5 Years 6.61%
6 Years 7.16%
7 Years 7.39%
8 Years 7.63%
9 Years 7.88%
10 Years 8.14%

ANNUALISED YIELD (P.A.) FOR ACHARYA DEPOSITS (W.E.F. 01-06-2022)

Period Below Rs. 2 Crore
1 Year 5.61%
2 Years 6.32%
3 Years 6.82%
4 Years 7.04%
5 Years 7.27%
6 Years 7.87%
7 Years 8.15%
8 Years 8.44%
9 Years 8.74%
10 Years 9.06%

INTEREST RATES (P.A.) ON NRE TERM DEPOSITS (W.E.F. 10-10-2022)

Slab Deposit Tenor Below Rs 2 Crore
(Rate of Interest p.a.)
1 1 year to 18 months 7.10%
2 Above 18 months to 3 years 7.35%
3 Above 3 years to 10 years 6.25%

For the interest rate for single Domestic/NRO/NRE term deposits of Rs. 2 Crore and above, please contact the nearest branch

INTEREST RATES (P.A.) ON NRO TERM DEPOSITS (W.E.F. 03-10-2022)

Slab Deposit Tenor Below Rs 2 Crore
(Rate of Interest p.a.)
1 7 days to 90 days 3.00%
2 91 days to 179 days 3.50%
3 180 days to less than 1 year 4.25%
4 1 year 5.00%
5 Above 1 year to less than 400 days 5.50%
6 400 days* 6.00%
7 Above 400 days to less than 555 days 5.50%
8 555 days* 7.00%
9 Above 555 days to 2 years 5.50%
10 Above 2 years to 5 years 5.75%
11 Above 5 years to 10 years 6.00%

*The benefit of additional interest rate is not applicable for term deposits opened under staff category for these deposit tenures

ANNUALISED YIELD (P.A) FOR NRE TERM DEPOSITS (W.E.F. 01-09-2022)

Period Below Rs. 2 Crore
1 Year 7.08%
2 Years 6.94%
3 Years 7.17%
4 Years 7.04%
5 Years 7.27%
6 Years 7.51%
7 Years 7.77%
8 Years 8.03%
9 Years 8.3%
10 Years 8.59%

ANNUALISED YIELD (P.A) FOR NRO TERM DEPOSITS (W.E.F. 01-06-2022)

Period Below Rs. 2 Crore
1 Year 5.09%
2 Years 5.77%
3 Years 6.23%
4 Years 6.41%
5 Years 6.61%
6 Years 7.16%
7 Years 7.39%
8 Years 7.63%
9 Years 7.88%
10 Years 8.14%

 

Punjab & Sind Bank Latest FD Interest Rates

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Punjab & Sind Bank Latest Fixed Deposit Interest Rates

Rate of interest on domestic term deposits, NRO accounts, capital gain accounts scheme 1988, recurring deposit scheme and psb fixed deposit tax-saver scheme

Revised w.e.f. 01/11/2022 (% p.a.)

Maturity Fixed Deposit Less than Rs.2 Cr
7 – 14 Days 2.80(#)
15 – 30 Days 2.80
31 – 45 Days 3.00
46 – 90 Days 4.00
91 – 120 Days 4.20
121-150 Days 4.30
151 – 179 Days 4.30
180 – 269 Days 4.80
270 – 364 Days 5.00
1 Year – 2 Years 6.10
Above 2 Year < 3 Years 6.25
3 Years – 5 Years 6.10
>5 Years – 10 Years 6.10

(#) Minimum amount of term deposit shall be Rs. 1.00 lac

Senior Citizens shall be given benefit of additional interest of 0.50% on term deposits of less than Rs. 2 crore, over and above the mentioned rates for the maturity of 180 days & above for fresh as well as on renewal of term deposits, same shall not be available to NRE and NRO Deposits.
Interest Rates on “PSB FIXED DEPOSIT TAX SAVER SCHEME” will be as under:

Maturity Public Sr. Citizen Staff Members Ex-Staff Members / Ex-Staff Members (Sr. Citizen)
5 Years 6.10% p.a. 6.60%p.a. 7.10% p.a. 7.10% p.a.

PSB Special Fixed Term Deposit Schemes:

Period Rate of Interest
300 Days 5.25% p.a
400 Days 5.80% p.a
501 Days 6.10% p.a
601 Days 7.00% p.a
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