7 days to 14 days

3.50%

15 days to 30 days

3.50%

31 days to 45 days

3.50%

46 days to 90 days

4.50%

91 days to 179 days

4.50%

180 days and above but less than 270 days

5.20%

270 days and above but less than 1 year

5.30%

1 year and above but less than or equal to 18 months

5.40%

5.50%

Above 2 years but less than or equal to 3 years

5.50%

Above 3 years but less than or equal to 5 years

5.50%

Above 5 years but less than or equal to upto 10 years

5.50%

Naini Tax Saver Scheme*

6.50%

*Premature withdrawal not allowed before completion of 05 years except in case of death of the customer.

Domestic Term Deposits for Senior Citizens: - Branches may continue to pay an additional interest of 0.50% on domestic term deposits of less than Rs. 2.00 crore to Senior Citizens for all tenors in terms of extant guidelines, except under Naini Tax Saver Scheme.

Domestic Term Deposits for Staff Members: - Branches may continue to pay an additional interest of 1% on domestic term deposits of less than Rs. 2.00 crore to all Staff Members for all tenors in terms of extant guidelines, except under Naini Tax Saver Scheme.

Please note that in case of retired Staff members who are Senior Citizens resident in India, branches are authorized to pay additional interest of 1.50% per annum (i.e. 1% normal staff privilege plus 0.50% as a benefit to Senior Citizen) on their fresh term deposits and renewals of existing resident Term Deposits of less than Rs. 2 Crores for maturities from 15 days to 10 years.

Branches are advised to provide additional rate( as applicable) to staff and senior citizen staff in cases where name of staff / senior citizen staff is principal holder in account.

We reiterate that in case of premature payment of term deposits, interest rate shall be 1% less than the interest rate applicable for the period the deposit remained with the bank as per existing guidelines.

We further have to inform that rates for bulk deposits (single deposit of Rs 2.00 Crores and above) are determined by Treasury Department, Head Office, Nainital and are directly updated in the CBS System uploaded.

• Rate quoted are subject to change without notice.
• The revised rates are applicable for fresh deposits and renewal of old deposits.
• In case of premature payment of Term Deposit, Interest Rate shall be 1% less than the interest rate applicable, at the time of placing the deposit, for the period the deposit remained with the Bank.

Overnight

7.05

1 Month

7.05

3 Month

7.10

6 Month

7.20

1 Year

7.35

2 Year

7.65

Above 2 Year

8.05