Revised Rate of Interest on TERM DEPOSIT w.e.f. 23/03/2023.
|
Sl. No.
|
Tenure
|
Existing retail deposit rate below Rs.1 crore
|
Revised retail deposit rate below Rs.1 crore
|
Existing bulk deposit rate above Rs.1 crore
|
Revised bulk deposit rate above Rs.1 crore
|
|
1
|
7 to 14 Days
|
3.15%
|
3.25%
|
3.00%
|
3.00%
|
|
2
|
15 to 29 Days
|
3.15%
|
3.25%
|
3.00%
|
3.00%
|
|
3
|
30 Days
|
3.15%
|
3.25%
|
3.00%
|
3.00%
|
|
4
|
31 to 45 Days
|
3.50%
|
3.50%
|
3.00%
|
3.00%
|
|
5
|
46 to 60 Days
|
4.15%
|
4.25%
|
3.00%
|
3.00%
|
|
6
|
61 to 90 Days
|
4.15%
|
4.75%
|
3.00%
|
3.00%
|
|
7
|
91 to 179 Days
|
4.15%
|
4.75%
|
3.00%
|
3.00%
|
|
8
|
180 Days
|
5.15%
|
5.25%
|
3.25%
|
3.25%
|
|
9
|
181 to 269 Days
|
5.15%
|
5.50%
|
3.25%
|
3.25%
|
|
10
|
270 Days
|
5.50%
|
5.50%
|
3.25%
|
3.25%
|
|
11
|
271 Days to < 1Year
|
6.00%
|
6.15%
|
3.25%
|
3.25%
|
|
12
|
1 Year to < 13 Months
|
6.50%
|
7.00%
|
4.00%
|
4.00%
|
|
13
|
13 Months to < 2 Years
|
6.50%
|
6.75%
|
4.00%
|
4.00%
|
|
14
|
2 Years to 3 Years
|
6.50%
|
7.00%
|
4.00%
|
4.00%
|
|
15
|
3 Years 1 Day to < 5 Years
|
6.75%
|
6.75%
|
4.00%
|
4.00%
|
|
16
|
5 Years
|
6.75%
|
6.75%
|
4.00%
|
4.00%
|
|
17
|
5 Years 1 Day to < 8 Years
|
6.50%
|
6.50%
|
4.00%
|
4.00%
|
|
18
|
8 Years to 10 Years
|
6.25%
|
6.25%
|
4.00%
|
4.00%
|
|
19
|
Above 10 Years
|
6.00%
|
6.00%
|
4.00%
|
4.00%
|
Note: -
A) Saving Deposit: -
1. Rate of interest on SB account w.e.f. 23.03.2023 will be 3.00%.
B) Term Deposit
1. The proposed rate of interest shall be applicable to all new deposit and renewal of maturing deposits.
2. Senior citizen will get 0.50% more than above rate of interest.
3. JSCB staff will get 1.00% more than above rate of interest in all type of term deposits on submission of declaration form.
4. Ex-Staff Senior Citizen will get 1.50% more than above rate of interest on submission of declaration form.
5. Co-operative Societies will get 0.25% more than above rate of interest.
6. Divvying (PH. Challenged)/ Widow will get 0.25% more than above rate of interest.
7. Premature penalty for Bulk/Retail Term Deposits for all tenors will be 1%. It will be applicable for all new deposits including renewals.
| |
|
New rate w.e.f. 05-12-2016 |
| Existing retail deposit rate below 1 crore |
New Retail deposit rate below 1 crore |
Existing Bulk deposit rate for 1 crore & above |
New Bulk deposit rate for 1 crore & above |
| 1 |
7 - 14 days |
4.75% |
4.25% |
5.50% |
5.50% |
| 2 |
15 - 29 days |
4.75% |
4.25% |
5.50% |
5.50% |
| 3 |
30 days |
5.25% |
4.25% |
5.50% |
5.50% |
| 4 |
31 - 45 days |
5.25% |
4.25% |
5.50% |
5.50% |
| 5 |
46 - 60 days |
6.00% |
6.00% |
6.00% |
6.00% |
| 6 |
61 - 90 days |
6.50% |
6.25% |
6.25% |
6.25% |
| 7 |
91 days < 180 Days |
6.75% |
6.25% |
6.50% |
6.50% |
| 8 |
180 Days |
7.00% |
6.50% |
6.75% |
6.75% |
| 9 |
181 Days - 269 day |
7.00% |
6.50% |
6.75% |
6.75% |
| 10 |
270 day |
7.25% |
6.50% |
6.75% |
6.75% |
| 11 |
271 days < 1 Year |
7.25% |
7.00% |
6.50% |
6.50% |
| 12 |
1 year < 13 months |
7.30% |
7.00% |
6.75% |
6.75% |
| 13 |
13 months < 2 Years |
7.30% |
7.00% |
7.00% |
7.00% |
| 14 |
2 Year - 3 Years |
7.30% |
7.00% |
6.75% |
6.75% |
| 15 |
3 years 1days < 5 years |
7.25% |
7.00% |
6.75% |
6.75% |
| 16 |
5 years |
7.25% |
7.00% |
6.50% |
6.50% |
| 17 |
5 years 1 day < 8 years |
7.25% |
7.00% |
6.50% |
6.50% |
| 18 |
8 years -10 years |
7.00% |
7.00% |
6.50% |
6.50% |
Download