RATE OF INTEREST
Term deposit Rate of Interest updated on 3.12.2022
RATE OF INTEREST |
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| 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% |
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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%
181 to 270 days : 3%
271 to 365 days : 4%
366 to 400 days : 4.5%