fixed_term_deposit

New Deposit Rates Published

Term Deposits:

We have a wide range of deposit products with maturity periods ranging from three months to thirty six months. We have two types of term deposit schemes: Monthly Interest Scheme and Cumulative Scheme.

Deposit interest rates with effect from 15th February 2018
Period Monthly Interest Scheme
6 months 7.00 %
12 months 7.50 %
24 months 8.00 %
36 months 8.50 %
Cumulative Scheme chart, assuming that the deposit amount is Rs. 10,000/-
Period *Maturity Value Cumulative Scheme (Annual Yield)
12 months Rs. 10,776/- 7.76 %
24 months Rs. 11,729/- 8.64 %
36 months Rs. 12,837/- 9.45 %

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