Minimum Amount: ₹1,00,00,001/-
Pre closure not allowed
Minimum Period: 12 Months
Deposit Plus (Resident and NRO TD without premature withdrawal)- effective from 17th April 2024
|
Period |
Rates of Interest (Deposit Less than ₹2 Cr) |
|
|
General Public |
Senior Citizen* |
|
|
1 year to less than 13 months |
7.05% |
7.55% |
|
13 months to 399 days |
7.45% |
7.95% |
|
400 days |
7.55% |
8.05% |
|
401 days to 21 months |
7.45% |
7.95% |
|
Above 21 months 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.
Interest rates for Deposit Plus Scheme - Resident Term Deposits without option for Premature Withdrawal
Interest rates for Deposit Plus Scheme - Resident Term Deposits without option for Premature Withdrawal
NRE Deposit Plus (NRE TD without premature withdrawal)- effective from 17th April 2024
|
Period |
Rates of Interest (Deposit Less than ₹2 Cr) |
|
1 year to less than 13 months |
7.05% |
|
13 months to 399 days |
7.45% |
|
400 days |
7.55% |
|
401 days to 21 months |
7.45% |
|
Above 21 months to less than 3 years |
7.30% |
|
3 years to less than 5 years |
7.25% |
|
5 years |
6.85% |