Interest rates on Fixed Deposits -Applicable with effect from 1st October, 2019

Normal Citizens (Age below 60 years)

Period

Rates with effect from 01st Oct 2019

Maturity

Monthly

Simple

AER

Simple

AER

1 Month

7.88%

8.17%

-           

-           

3 Months

8.38%

8.65%

8.07%

8.38%

6 Months

8.88%

9.08%

8.54%

8.88%

12 Months

10.63%

10.63%

10.10%

10.58%

13 Months

10.63%

10.58%

10.10%

10.58%

15 Months

10.63%

10.50%

10.10%

10.58%

18 Months

10.63%

10.37%

10.10%

10.58%

24 Months

11.38%

10.80%

10.78%

11.33%

36 Months

11.88%

10.70%

11.23%

11.83%

37 Months

11.88%

10.65%

11.23%

11.83%

48 Months

11.88%

10.21%

11.23%

11.83%

60 Months

12.38%

10.12%

11.68%

12.33%

Senior Citizens (Age over 60 years)

Period

Rates with effect from 01st Oct 2019

Maturity

Monthly

Simple

AER

Simple

AER

1 Month

7.88%

8.17%

-           

-

3 Months

8.38%

8.65%

8.07%

8.38%

6 Months

8.88%

9.08%

8.54%

8.88%

12 Months

11.13%

11.13%

10.60%

11.13%

13 Months

11.13%

11.08%

10.60%

11.13%

15 Months

11.13%

10.98%

10.60%

11.13%

18 Months

11.13%

10.84%

10.60%

11.13%

24 Months

11.88%

11.25%

11.28%

11.88%

36 Months

12.38%

11.10%

11.73%

12.38%

37 Months

12.38%

11.06%

11.73%

12.38%

48 Months

12.38%

10.58%

11.73%

12.38%

60 Months

12.88%

10.45%

12.18%

12.88%