Interest Rates As on 19th October 2026
INTEREST RATES ON DOMESTIC BULK TERM DEPOSITS
| Particulars |
General / Co-operative Societies / Banks / Trusts / NRO (p.a.) / Senior Citizens |
|
|---|---|---|
| Rs.1 Crore up to RS.45 Crore | Above Rs.45 Crore | |
| 7 days to 14 days | 3.75% | 3.75% |
| 15 days | 4.75% | 4.75% |
| 16 days to 90 days | 4.50% | 4.50% |
| 91 days to 180 days | 4.75% | 4.75% |
| 181 days to less than 12 months | 6.00% | 6.00% |
| For 12 Months | 7.10% | 7.10% |
| Above 12 Months to 18 Months | 7.15% | 7.15% |
| Above 18 Months to 24 Months | 7.15% | 7.20% |
| Above 24 Months to 36 Months | 7.00% | 7.00% |
| Above 36 Months to 120 Months | 6.60% | 6.60% |
**Interest rate applicable to senior citizens as per above table, will not be applicable to senior citizens under NRE/NRO category.
INTEREST RATES ON NRE BULK TERM DEPOSITS
| Particulars | Rs.1 Crore up to Rs.4S Crore | Above Rs.45 Crore |
|---|---|---|
| For 12 Months | 7.10% | 7.10% |
| Above 12 Months to 18 Months | 7.15% | 7.15% |
| Above 18 Months to 24 Months | 7.15% | 7.20% |
| Above 24 Months to 36 Months | 7.00% | 7.00% |
| Above 36 Months to 120 Months | 6.60% | 6.60% |
| Product | Method of Interest Payment |
|---|---|
| Term Deposit (Reinvestment) / Recurring Deposit | Compounded Quarterly |
| Term Deposit Payout (Monthly) | Discounted Value |
| Term Deposit Payout ( Quarterly / Half Yearly / Yearly) | Simple Interest |
| Short Term Deposit | Simple Interest |
Deposit Insurance
The Deposit Insurance System in India is subject to the Provisions of Deposit
Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee
Corporation (Wholly owned subsidiary of the Reserve Bank of India) is the body
that operates the deposit insurance system.
To download more information click the following link : DICGC
(Website : www.dicgc.org.in )
To download more information click the following link : DICGC
(Website : www.dicgc.org.in )
