RATE OF INTEREST

Term deposit Rate of Interest updated on 3.12.2022

RATE OF INTEREST

PERIOD OF DEPOSIT GENERAL BULK  DEPOSIT SENIOR  CITIZEN SUPER  SENIOR  CITIZEN
15   days  to   45 days  4.00%  4.50%  4.50%  4.50%
46  days  to    90 days  4.00%  4.50%  4.50%  4.50%
91  days  to  180  days  4.75%  5.00%  5.00%  5.00%
181 days  to  365  day  5.00%  5.50%  5.75%  6.00%
Above   1 Year upto 2 Years
 7.50%  7.00% 7.75% 7.80%
Above 2  Years  upto 3 Years  7.50%  7.00% 7.60% 7.75%
Above 3 years   upto 5 Years  7.00%  7.50% 7.75% 8.00%
Above 5 years 7.00%  7.50% 7.75% 8.00%
SUCO 330 Deposit
6.95% 6.95% 6.95% 6.95%
RRR Deposit RBI’s Repo Rate + 2.20%
Now it’s  5.90% + 2.20% = 8.10%

S B ACCOUNTS : WEF: 02.04.2021 (Circular No. 53 / 2020-21)

Balance maintained in the account if it is as under:
Below Rs. 1 lakh – 2.50%
Rs. 1 lakh& above – 3.00%

SUCO SANCHAYA DEPOSIT:

Rate of Interest : Up to 180 days : No interest
181 to 270 days : 3%
271 to 365 days : 4%
366 to 400 days : 4.5%