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w.e.f. December 16, 2013
Fixed Deposit Interest Rates
Interest rates on deposits below 1 crore
Effective from December 16, 2013
Regular: Annual Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
24 - 47 9.25% 9.50% 54000 52000
48 - 60 9.00% 9.25% 55000 54000
  Minimum Deposit Amount - 20,000
Platinum: Annual Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
22 9.60% 9.85% 52000 50000
33 9.50% 9.75% 52000 51000
  Minimum Deposit Amount - 20,000
 
Regular: Monthly Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
12 - 23 8.90% 9.15% 56000 54000
24 - 47 8.90% 9.15% 56000 54000
48 - 60 8.65% 8.90% 57000 56000
  Minimum Deposit Amount - 40,000
Platinum: Monthly Income Plan
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
15 9.25% 9.50% 54000 52000
22 9.25% 9.50% 54000 52000
33 9.15% 9.40% 54000 53000
  Minimum Deposit Amount - 40,000
 
Regular - Quarterly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
12 - 23 8.95% 9.20% 55000 54000
24 - 47 8.95% 9.20% 55000 54000
48 - 60 8.70% 8.95% 57000 55000
  Minimum Deposit Amount - 20,000
Regular - Half Yearly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
12 - 23 9.05% 9.30% 55000 53000
24 - 47 9.05% 9.30% 55000 53000
48 - 60 8.80% 9.05% 56000 55000
  Minimum Deposit Amount - 20,000
Platinum - Quarterly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
15 9.30% 9.55% 53000 52000
22 9.30% 9.55% 53000 52000
33 9.20% 9.45% 54000 52000
  Minimum Deposit Amount - 20,000
Platinum - Half Yearly Option
Period (Months)
Rate of Interest (% p.a.) Maximum Deposit without TDS ()*
Individuals
& Trusts
Sr. Citizens Individuals Sr. Citizens
15 9.40% 9.65% 53000 51000
22 9.40% 9.65% 53000 51000
33 9.30% 9.55% 53000 52000
  Minimum Deposit Amount - 20,000
 
Regular: Cumulative Option
Period (Months) Rate of Interest
(% p.a.)
**Maturity Amount
for a Deposit of
10,000
Maximum Deposit
without TDS ()*
  Individuals & Trusts Sr
Citizens
Individuals Sr
Citizens
Individuals Sr
Citizens
12 9.25% 9.50% 10,925.00 10,950.00 54000 52000
24 9.25% 9.50% 11,935.56 11,990.25 49000 48000
36 9.25% 9.50% 13,039.60 13,129.32 45000 43000
48 9.00% 9.25% 14,115.82 14,245.77 42000 41000
60 9.00% 9.25% 15,386.24 15,563.50 39000 37000
  Minimum Deposit Amount - 20,000 / Interest Compounded annually
Platinum: Cumulative Option
Period (Months) Rate of Interest
(% p.a.)
**Maturity Amount
for a Deposit of
10,000
Maximum Deposit
without TDS ()*
  Individuals & Trusts Sr
Citizens
Individuals Sr
Citizens
Individuals Sr
Citizens
15 9.60% 9.85% 11223.04 11255.51 50000 49000
22 9.60% 9.85% 11836.80 11886.69 48000 46000
33 9.50% 9.75% 12844.56 12925.86 44000 43000
  Minimum Deposit Amount - 20,000 / Interest Compounded annually
RECURRING DEPOSITS PLAN
(Fixed Rate Installment Deposit Plan)
Period (Months) Rate of Interest (% p.a.)
12-13 8.75%
24-36 9.00%
(Variable Rate Installment Deposit Plan)
Period (Months) Rate of Interest (% p.a.)
48-59 8.75%
60-72 9.00%
  Minimum Monthly Savings Amount - 2,000 /-, Interest Compounded annually
Toll Free No. 1-800-22-2022
* As per the current provisions of the Income Tax Act,1961.
** Subject to tax deduction at source wherever applicable.
Other Terms and Conditions as per Deposit Application Form.
Interest rates on deposits of Rs 1 crore and above would be as per the extant guidelines
Interest rates are subject to change and the rate applicable will be the rate prevalent on the date of deposit.
 
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