Annualized rates

Domestic/ NRO Rupee Term Deposit Rate

Annualized yield
Effective Annualized Rate of Return (Indicative only):
In keeping with Reserve Bank of India guidelines to provide information on effective annualized rate of return on deposits of various maturities, we give below the effective annualized rates of return on Bank’s cumulative deposit schemes, under the Re-investment Plan, on quarterly compounding basis: (% p.a.)

  • For deposits less than Rs.2 Cr
  • For deposits of Rs.2 Cr & above but less than Rs.10 Cr

Maturity Rate of Interest % (p.a.) Annualized Rate of Return at minimum of the maturity bucket %
1 Year & above to 443 Days 6.25 6.40
444 days 6.25 6.40
445 days to less than 2 Yrs 6.25 6.40
2 Years to less than 3 Yrs 4.50 4.68
3 Years to less than 5 Yrs 4.50 4.79
5 Years to less than 8 Yrs 4.50 5.02
8 years & above to 10 Yrs 4.50 5.38

For deposits of Rs.10 Cr & above
Please contact nearest Branch.