Rate of Interest on Single Domestic Term Deposits (TD) upto Rs. 10 crore

Period

Domestic TD Less than Rs.1 cr. W.e.f 03.05.2017.

Domestic TD Rs.1 cr. To Rs.10 Cr. W.e.f. 03.02.2017

Existing

ROI (% p.a.) A.Y.*

ROI (% p.a.)

A.Y.*

07 to 14 days

4.00

4.00

4.00

4.00

15 to 29 days

4.00

4.00

4..00

4.00

30 to 45 days

4.50

4.50

4.00

4.00

46 to 90 days

5.75

6.00

4.00

4.00

91 to 179 days

6.00

6.00

4.00

4.00

180 to 270 days

6.25

6.30

4.00

4.02

271 days to<1 year

6.25

6.35

4.00

4.04

1 yr

6.65 6.82

4.25

4.32

>1-2 year

6.55 6.71

4.25

4.41

>2-5 year

6.55 6.94

4.25

4.41

>5-10 year

6.45 7.54

4.25

4.71

*Annualized Yield in % terms at the beginning of the slab.

# The rates for Rs.1 cr. to Rs.10 cr. are not to be loaded with additional rate of interest for Sr. Citizens, staff accounts etc.

The Senior citizens shall get an additional rate of interest of 50 bps over applicable card rates for all maturities on domestic deposits of less than Rs. 1 crore. In case of staff members as well as retired staff members who are also Senior Citizens, maximum rate of interest to be allowed over applicable card rate shall be 150 bps except in case of HPGB Tax Saver Fixed deposit scheme, where the maximum rate of interest to be allowed over applicable card rate is 100 bps.

 “HPGB TAX SAVER FIXED DEPOSIT SCHEME” w.e.f. 05.10.2016

Public

(General)

Sr. Citizen

(General)

Staff Members

Retired Staff*

(Sr. Citizen)

5 Years

6.55

7.05

7.55

7.55

>5 Years to 10 Years

6.45

6.95

7.45

7.45

*Note: In case of staff members as well as retired staff members who are also SeniorCitizen, maximum rate of interest to be allowed is 100 bps over the applicable card rates.