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Interest Rates on Domestic, Non Resident, Trust and Government Savings Account Deposits:

Effective 20th Oct, 2020, the interest on your Savings Bank Account has been revised as per the following interest rate structure.

Balance SlabsApplicable Rate of Interest w.e.f.20th Oct, 2020
Less than Rs. 50 lacs 3.00% p.a.
Rs. 50 Lacs and up to less than Rs. 10 Crs3.50% p.a.
Rs. 10 Crs and up to less than Rs. 100 CrsRepo + (-0.65%)
Floor rate of 3.60% applicable
Rs. 100 Crs and up to less than Rs. 200 CrsRepo + (-0.25%)
Rs. 200 Crs and up to less than Rs. 2,500 CrsRepo + (0.00%)

Floor price for all the Repo linked slabs is fixed at 3.60% p.a. The interest is calculated basis incremental balance slabs,

#For rates on amount of Rs. 2500 Crs and above, please contact nearest branch.