Interest Rates on Domestic Deposits & Domestic Deposits – Senior Citizens with effect from April 08, 2016
DOMESTIC DEPOSITS
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS INTEREST RATES ON DEPOSITS OF
BELOW RS. 1 CRORE RS. 1 CRORE < RS.5 CRORES
1. 7 days to 14 days 3.50 6.00
2. 15 days to 29 days 3.50 6.00
3. 30 days to 45 days 5.50 6.00
4. 46 days to 60 days 6.50 6.50
5. 61 days < 3 months 6.50 6.50
6. 3 months < 4 months 7.00 7.00
7. 4 months < 5 months 7.00 7.00
8. 5 months < 6 months 7.00 7.00
9. 6 months < 7 months 7.25 7.25
10. 7 months < 8 months 7.25 7.25
11. 8 months < 9 months 7.25 7.25
12. 9 months < 10 months 7.40 7.40
13 10 months < 11 months 7.40 7.40
14. 11 months < 1 year 7.40 7.40
15. 1 year < 13 months 7.50 7.50
16. 13 months < 14 months 7.50 7.50
17. 14 months < 15 months 7.50 7.50
18. 15 months < 16 months 7.50 7.50
19. 16 months < 17 months 7.50 7.50
20. 17 months < 18 months 7.50 7.50
21. 18 Months < 2 years 7.50 7.50
22. 2 years < 30 months 7.50 7.50
23. 30 months < 3 years 7.50 7.50
24. 3 years < 5 years 7.50 7.50
25. 5 years to 10 years 7.25 7.25
DOMESTIC DEPOSITS – SENIOR CITIZEN
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS BELOW INTEREST RATES ON DEPOSITS OF RS. 1
RS. 1 CRORE CRORE < RS.5 CRORES
1. 7 days to 14 days 3.50 6.00
2. 15 days to 29 days 3.50 6.00
3. 30 days to 45 days 5.50 6.00
4. 46 days to 60 days 6.50 6.50
5. 61 days < 3 months 6.50 6.50
6. 3 months < 4 months 7.00 7.00
7. 4 months < 5 months 7.00 7.00
8. 5 months < 6 months 7.00 7.00
9. 6 months < 7 months 7.50 7.50
SR.NO. PERIOD INTEREST RATES (% P.A.)
10. 7 months < 8 months 7.50 7.50
11. 8 months < 9 months 7.50 7.50
12. 9 months < 10 months 7.65 7.65
13 10 months < 11 months 7.65 7.65
14. 11 months < 1 year 7.65 7.65
15. 1 year < 13 months 8.00 8.00
16. 13 months < 14 months 8.00 8.00
17. 14 months < 15 months 8.00 8.00
18. 15 months < 16 months 8.00 8.00
19. 16 months < 17 months 8.00 8.00
20. 17 months < 18 months 8.00 8.00
21. 18 Months < 2 years 8.00 8.00
22. 2 years < 30 months 8.00 8.00
23. 30 months < 3 years 8.00 8.00
24. 3 years < 5 years 8.00 8.00
25. 5 years to 10 years 7.75 7.75
Interest Rate on Axis Bank Tax Saver Deposits with effect from April 08, 2016
Rate (%)
Regular Depositor (individual & HUF) 7.25
Senior Citizen 7.75
Staff (TDGST) 8.25
Senior citizen Staff (TDGSS) 8.75
The rates of interest applicable on premature withdrawal for this deposit scheme are as under:
SR.NO. PERIOD INTEREST RATES (% P.A.)
Regular Depositor Senior Citizen
(individual & HUF)
1. 7 days to 14 days 3.50 3.50
2. 15 days to 29 days 3.50 3.50
3. 30 days to 45 days 5.50 5.50
4. 46 days to 60 days 6.50 6.50
5. 61 days < 3 months 6.50 6.50
6. 3 months < 4 months 7.00 7.00
7. 4 months < 5 months 7.00 7.00
8. 5 months < 6 months 7.00 7.00
9. 6 months < 7 months 7.25 7.50
10. 7 months < 8 months 7.25 7.50
11. 8 months < 9 months 7.25 7.50
12. 9 months < 10 months 7.25 7.65
13 10 months < 11 months 7.25 7.65
14. 11 months < 1 year 7.25 7.65
15. 1 year < 13 months 7.25 7.75
16. 13 months < 14 months 7.25 7.75
17. 14 months < 15 months 7.25 7.75
18. 15 months < 16 months 7.25 7.75
19. 16 months < 17 months 7.25 7.75
20. 17 months < 18 months 7.25 7.75
21. 18 Months < 2 years 7.25 7.75
22. 2 years < 30 months 7.25 7.75
23. 30 month s < 3 years 7.25 7.75
24. 3 years < 5 years 7.25 7.75
The Interest rates on “Fixed Deposit Plus” for Domestic, Senior Citizens & NRE Deposits with effect from April
08, 2016
Interest Rates on “Fixed Deposit Plus”: Domestic deposits
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS OF RS. INTEREST RATES ON DEPOSITS OF RS. 1
15 LAKH < RS. 1 CRORE CRORE < RS.5 CRORES
1. 7 days to 14 days 3.50 6.00
2. 15 days to 29 days 3.50 6.00
3. 30 days to 45 days 5.50 6.00
4. 46 days to 60 days 6.50 6.50
5. 61 days < 3 months 6.50 6.50
6. 3 months < 4 months 7.00 7.00
7. 4 months < 5 months 7.00 7.00
8. 5 months < 6 months 7.00 7.00
9. 6 months < 7 months 7.25 7.25
10. 7 months < 8 months 7.25 7.25
11. 8 months < 9 months 7.25 7.25
12. 9 months < 10 months 7.40 7.40
13 10 months < 11 months 7.40 7.40
14. 11 months < 1 year 7.40 7.40
15. 1 year < 13 months 7.60 7.60
16. 13 months < 14 months 7.60 7.60
17. 14 months < 15 months 7.60 7.60
18. 15 months < 16 months 7.60 7.60
19. 16 months < 17 months 7.60 7.60
20. 17 months < 18 months 7.60 7.60
21. 18 Months < 2 years 7.60 7.60
22. 2 years < 30 months 7.50 7.50
23. 30 months < 3 years 7.50 7.50
24. 3 years < 5 years 7.50 7.50
25. 5 years to 10 years 7.25 7.25
Interest Rates on “Fixed Deposit Plus”: Senior Citizen
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS OF RS. INTEREST RATES ON DEPOSITS OF RS. 1
15 LAKH < RS. 1 CRORE CRORE < RS.5 CRORES
1. 7 days to 14 days 3.50 6.00
2. 15 days to 29 days 3.50 6.00
3. 30 days to 45 days 5.50 6.00
4. 46 days to 60 days 6.50 6.50
5. 61 days < 3 months 6.50 6.50
6. 3 months < 4 months 7.00 7.00
7. 4 months < 5 months 7.00 7.00
8. 5 months < 6 months 7.00 7.00
9. 6 months < 7 months 7.50 7.50
10. 7 months < 8 months 7.50 7.50
11. 8 months < 9 months 7.50 7.50
12. 9 months < 10 months 7.65 7.65
13 10 months < 11 months 7.65 7.65
14. 11 months < 1 year 7.65 7.65
15. 1 year < 13 months 8.10 8.10
16. 13 months < 14 months 8.10 8.10
17. 14 months < 15 months 8.10 8.10
18. 15 months < 16 months 8.10 8.10
19. 16 months < 17 months 8.10 8.10
20. 17 months < 18 months 8.10 8.10
21. 18 Months < 2 years 8.10 8.10
22. 2 years < 30 months 8.00 8.00
23. 30 months < 3 years 8.00 8.00
24. 3 years < 5 years 8.00 8.00
25. 5 years to 10 years 7.75 7.75
Interest Rates on “Fixed Deposit Plus”: NRE
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS OF RS. 15 INTEREST RATES ON DEPOSITS OF RS. 1
LAKH < RS. 1 CRORE CRORE < RS.5 CRORES
1. 1 year < 13 months 7.60 7.60
2. 13 months < 14 months 7.60 7.60
3. 14 months < 15 months 7.60 7.60
4. 15 months < 16 months 7.60 7.60
5. 16 months < 17 months 7.60 7.60
6. 17 months < 18 months 7.60 7.60
7. 18 Months < 2 years 7.60 7.60
8. 2 years < 30 months 7.50 7.50
9. 30 months < 3 years 7.50 7.50
10. 3 years < 5 years 7.50 7.50
11. 5 years to 10 years 7.25 7.25
Interest rates on NRE term deposits with effect from April 08, 2016
NON-RESIDENT EXTERNAL (NRE) DEPOSITS
SR.NO. PERIOD INTEREST RATES (% P.A.)
INTEREST RATE ON DEPOSITS INTEREST RATES ON DEPOSITS OF RS. 1
BELOW RS. 1 CRORE CRORE < RS.5 CRORES
NRE DEPOSITS:
1. 12 months < 13 months 7.50 7.50
2. 13 months < 14 months 7.50 7.50
3. 14 months < 15 months 7.50 7.50
4. 15 months < 16 months 7.50 7.50
5. 16 months < 17 months 7.50 7.50
6. 17 months < 18 months 7.50 7.50
7. 18 months < 2 years 7.50 7.50
8. 2 years < 30 months 7.50 7.50
9. 30 months < 3 years 7.50 7.50
10. 3 years < 5 years 7.50 7.50
11. 5 years to 10 years 7.25 7.25
Interest Rate on Deposits - Non - Resident - FCNR (B) and Resident Foreign Currency (RFC) with effect
from April 13, 2016
SR. PERIOD INTEREST RATES
NO. (% P.A.)
A. FOREIGN CURRENCY (NON-RESIDENT)
USD GBP EURO AUD CAD JPY
DEPOSIT (BANKS):
1. For 1 year only 1.70 1.40 0.25 2.75 1.50 0.15
2. Above 1 year but less than 18 months 1.70 1.40 0.25 2.75 1.50 0.15
3. 18 months and above but less than 2 years 1.70 1.40 0.25 2.75 1.50 0.15
4. 2 years and above but less than 3 years 1.85 1.60 0.25 2.90 1.60 0.15
5. 3 years and above but less than 4 years 1.95 1.70 0.25 3.00 1.75 0.15
6. 4 years and above but less than 5 years 2.10 1.80 0.25 3.20 1.80 0.15
7. For 5 years only 2.20 1.90 0.25 3.25 1.85 0.15
B. RFC DEPOSITS : RFC SAVINGS BANK DEPOSITS INTEREST RATES ON :
1. USD : 0.50% 2. EURO : 0.25%
3. GBP : 0.50% 4. AUD : 0.75%
5. CAD : 0.50%
SR. PERIOD INTEREST RATES
NO. (% P.A.)
TERM DEPOSITS
USD GBP EURO AUD CAD
. 30 days to less than 3 months 0.50 0.50 0.25 2.00 1.00
2. 3 months to less than 6 months 0.75 0.75 0.25 2.50 1.25
3. 6 months to less than 12 months 1.00 1.00 0.25 2.50 1.25
4. 12 months and above but less than 18 months 1.70 1.40 0.25 2.75 1.50
5. 18 months and above but less than 2 years 1.70 1.40 0.25 2.75 1.50
6. 2 years and above but less than 3 years 1.85 1.60 0.25 2.90 1.60
7. 3 years and above but less than 4 years 1.95 1.70 0.25 3.00 1.75
8. 4 years and above but less than 5 years 2.10 1.80 0.25 3.20 1.80
9. For 5 years only 2.20 1.90 0.25 3.25 1.85
Rate of Interest for PPF accounts
8.70% per annum with effect from 01.04.2013 (subject to
change as per notification issued by Central Government)
Forex Rates
For details on Forex rates please approach the ‘May I help
you’ counter
Savings Account Deposit Rate
Savings Account Deposit Interest Rate is 4% (for all amounts)
w.e.f. October 25, 2011