| Resident Indians & NRO Term Deposits Interest Rates* p.a. with effect from 1st April, 2013
|
| Maturity Period |
Deposit Interest Rate * (percent per annum) |
Deposit Interest Rate for Senior Citizens* (percent per annum) |
| Single Deposit of less than Rs 100 lacs: |
Single Deposit of less than Rs 100 lacs: |
| 14 days |
3.00% |
3.50% |
| 15 days to 45 days |
4.00% |
4.50% |
| 46 days to 90 days |
5.00% |
5.50% |
| 91 days to less than 6 months |
6.25% |
6.75% |
| 6 months to less than 1 year |
6.75% |
7.25% |
| 1 year to less then 13 months |
8.75% |
9.25% |
| 13 months |
9.00% |
9.50% |
| More than 13 months to 24 months |
8.75% |
9.25% |
| More than 24 months to 36 months |
9.30% |
9.80% |
| More than 36 months to 120 months |
8.75%
|
9.25%
|
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| A person who has completed the age of 60 years at the time of booking term deposit will be treated as a senior citizen and would be eligible for additional interest of 0.50% above the existing rates (Not Applicable for NRO and NRE Deposits).
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