Deposit Plus (Non Callable - Resident and NRO TD without premature withdrawal)- effective from 01.10.2024
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Minimum Amount: ₹1,00,00,001/-
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Pre closure not allowed
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Minimum Period: 12 Months

 

Period

Rates of Interest (Deposit Less than ₹3 Cr)

General Public

Senior Citizen*

1 year to less than 15 months

7.55%

8.05%

15 months to less than 2 years

7.45%

7.95%

2 years to less than 3 years

7.30%

7.80%

3 years to less than 5 years

7.25%

7.75%

5 years

6.85%

7.50%

 

* NRO Accounts are not eligible for the benefit of Senior Citizen Rates.

Effective Annualized Rate of Return for Deposit Plus Scheme (Non-Callable) - Resident Term Deposits without option for Premature Withdrawal

Effective Annualized Rate of Return for Deposit Plus Scheme (Non-Callable) - Resident Term Deposits without option for Premature Withdrawal

NRE Deposit Plus (Non-Callable - NRE TD without premature withdrawal)- effective from 01.10.2024

Period

Rates of Interest (Deposit Less than ₹3 Cr)

1 year to less than 15 months

7.55%

15 months to less than 2 years

7.45%

2 years to less than 3 years

7.30%

3 years to less than 5 years

7.25%

5 years

6.85%

Effective Annualized Rate of Return for NRE Deposit Plus Scheme - NRE Term Deposits without option for Premature Withdrawal (Non-Callable)

Effective Annualized Rate of Return for NRE Deposit Plus Scheme - NRE Term Deposits without option for Premature Withdrawal (Non-Callable)