The Rates OF Interest on bank deposits are determined as follows:
Deposit/Loan interest rate effective date will be from 15/02/2023
07 Days To 14 Days 3.50%
15 Days To 29 Days 4.00%
30 Days To 90 Days 4.50%
91 Days to 179 Days 5.50%
180 Days to 364 Days 6.25%
Within 1 Year To 18 Months 6.50%
Within 18 Months To 36 Month 7.00%
36 Month or more 7.25%
Senior Citizen For A Period Of 1 Year Or More 0.25% Interest.
Saving Deposit & Compulsory Deposit 2.50% (implemented from 01-10-2020)