Interest Rates on Domestic, Non Resident, Trust and Government Savings Account Deposits:
Effective 01st Apr, 2021, the interest on your Savings Bank Account has been revised as per the following interest rate structure.
|Balance Slabs||Applicable Rate of Interest w.e.f. 01st Apr, 2021|
|Less than Rs. 50 lacs ||3.00% p.a.|
|Rs. 50 Lacs and up to less than Rs. 10 Crs||3.50% p.a.|
|Rs. 10 Crs and up to less than Rs. 100 Crs||Repo + (-0.65%)|
Floor rate of 3.50% applicable
|Rs. 100 Crs and up to less than Rs. 200 Crs||Repo + (-0.50%)|
|Rs. 200 Crs and up to less than Rs. 2,500 Crs||Repo + (-0.50%)|
Floor price for all the Repo linked slabs is revised from 3.60% p.a. to 3.50% p.a. The interest is calculated basis incremental balance slabs.
#For rates on amount of Rs. 2500 Crs and above, please contact the branch official.