Deposit Rates
Revision in Domestic Term Deposit Rates
Circular No. GSCB/ACCTS/2022-23/5631 DT: 27 October 2022
| Savings Accounts | |
|---|---|
| Savings Deposit (All Types) | 3.25% |
| Societies and other type of depositors | 3.50% |
| Particulars | Revised Rates |
|---|---|
| 15 days to 45 days | 3.15% |
| 46 days to 90 days | 3.75% |
| 91 days to 179 days | 4.25% |
| 180 days to less than 1 year | 5.25% |
| One year to 24 Months | 6.50% |
| Above 24 Months to less than 3 years | 6.10% |
| 3 years to Less than 5 years | 6.15% |
| 5 years and above | 6.25% |
| *Maximum period of deposit is 10 years | Interest rate p.a. |
|---|---|
| 1. Senior Citizens(Deposit for a period of One year and above) | 0.50% (extra) |
| 2. Cooperative Societies (Deposit of Rs.10.00 lacs & above at a time for period of 12 months and above ) | 0.50% (extra) |
| 3. Cooperative Societies maintaining deposits of Rs. 10.00 Cr and above in a single receipt for period of 12 months and above inclusive of extra rate as per point 2. | 7.50% |