INTEREST RATES ON TERM DEPOSIT WITH EFFECTIVE FROM 01 AUGUST 2023

S.no	Period	Below Rs. 2 Crore	Rs. 2 Crore to less than  Rs. 5 Crore	Rs. 5 Crore and above.
1	07 days to 14 days	3.50%	4.25%	4.25%
2	15 days to 29 days	4.25%	4.50%	4.50%
3	30 days to 45 days	5.25%	5.50%	5.75%
4	46 days to 90 days	5.75%	6.25%	6.75%
5	91 days to 180 days	5.75%	6.25%	6.75%
6	181 days less than 1 year	5.75%	6.25%	6.75%
7	1 year to less than 2 Years	7.00%	7.15%	7.25%
8	2 years to less than 3 Years	6.75%	6.90%	7.00%
9	3 years to less than 5 years	6.50%	6.70%	6.75%
10	5 years to less than 10 years	6.50%	6.60%	6.75%

NOTE:

# The above rate of interest will be applicable to all fresh deposits as well as renewal of all existing term deposits with effect from 01-08-2023.                
# The above rate will be applicable to all categories of depositors including co-operative institutions and co-operative banks.                
# As per existing provision senior citizen having age of 60 years and above will get additional rate of interest at rate of 0.50% on all the above categories of term Deposit.                
# In case of premature withdrawal the existing rule of bank will be applicable.                                
# In case of Special interest rate given to any entity or individual will be non-callable in nature .