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Interest Rates

Rates at a quick glance : Deposits & Loans  Deposits

Sr.No.NatureRate of Interest
1 With Cheque book facility 4.0
2 Without Cheque book facility 4.0
3 No frills Account 4.0

Domestic term deposit

Sr.No.Maturity Period Less than 1 cr w.e.f 02/12/2016 1 Cr to 10 Cr (Single deposit) w.e.f 11/02/2017
1 7 -14 days 4.00 4.00
2 15 - 30 days 4.25 4.25
3 31 - 45 days 4.25 4.25
4 46 - 59 days 4.75 4.50
5 60 - 90 days 4.75 4.50
6 91 - 179 days 6.50 4.50
7 180 - 270 days 6.50 4.75
8 271 - 364 days 6.50 4.75
9 1 yr to less than 2 yrs 7.00 5.00
10 2 yr to less than 3 years 6.90 4.75
11 3 yr to less than 5 years 6.90 4.75
12 5 years & above upto 10 years 6.90 4.75
13 555 days 7.00 NA
14 777 days 7.00 NA
15 Cent Double 6.90 NA
Sr.No.Maturity PeriodRevised Rate ( % )
1 7-14 days 4.00
2 15-30 days 4.00
3 31-45 days 5.00
4 46-59 days 5.25
5 60-90 days 5.50
6 91-179 days 6.00
7 180-270 days 6.50
8 271-364 days 6.75
9 12 months to 13 months 6.75

Loans

The MCLR for different tenors effective from 01.02.2017

Tenor

MCLR

Overnight

8.05%

1 month

8.35%

3 month

8.40%

6 month

8.45%

1 year

8.50%

REVISION OF MCLR RATES WEF 01.10.2016

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