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