INTEREST RATES

revise our rate of interest on various deposit as follows w.e.f 07.12.2023.
Sl No	Particulars	Existing Rate Of Interest	Proposed Revised rate of interest
Saving Bank Deposit
01	Savings Bank Deposits of Individuals	3.00%	3.00%
02	Savings Bank Deposits of Societies	3.00%	3.00%
03	Daily Savings Deposit (MDD)	4.50%	4.50%
Term Deposit
01	7 to 14 days	3.25%	3.25%
02	15 to 45 days	3.50%	3.50%
03	46 to 60 days	4.50%	4.50%
04	61 to 90 days	4.50%	4.50%
05	91 to 120 days	4.50%	4.50%
06	121 to 180 days	4.75%	5.00%
07	181 to less than 1 year	5.75%	6.25%
08	1 year to less than 2 years	7.00%	7.30%
09	2 year to less than 3 years	6.75%	7.10%
10	3 year to less than 5 years	6.50%	7.00%
11	5 year to 10 years	6.50%	6.90%
12	Additional interest to Senior Citizens	0.50 % on all slabs	0.50 % on all slabs
13	Additional interest to Senior Citizens for deposit of Rs.10.00 lakh and above:	1.00 % on all slabs	1.00 % on all slabs
14	Additional interest to Staffs/ Ex-Staffs over and above the rate specified above:	1.00 % on all slabs	1.00 % on all slabs