Deposit Interest Rates

Period Rate of interest %
(w.e.f. 18.07.2023)
Less than Rs 1 Cr Rs 1 Cr & Above
15 days to 45 days 4.25 3.75
46 days to 90 days 6.00 5.75
91 days to 179 days 6.50 6.25
180 days to 364 days 7.25 7.00
1 year to less than 2 years 8.10 7.85
2 years and above 7.25 7.00
Senior Citizens 0.50% extra in all the above slabs
AKSHAYA Term Deposit Scheme - V (Non-Callable) 8.00% for one year period

*0.50% extra for Senior Citizens