|
Revised MCLR Rates effective from 14.02.2025 are as follows:
| Particulars |
Proposed MCLR
|
| Overnight MCLR |
7.05
|
| One-month MCLR |
7.26
|
| Three-month MCLR |
7.36
|
| Six Month MCLR |
7.42
|
| One Year MCLR |
7.42
|
Fixed deposit- Corporate and Individual
|
Deposit Card Rates
|
|
Amount Buckets
|
| Tenor |
Less than 3 crs |
3 Crs and more but less than 5 crs |
5 Crs and more but less than 10 crs |
10 Crs and more but less than 25 Crs |
25 Crs and more but less than 50 Crs |
50 Crs and more but less than 100 Crs |
100 crs and more |
| 7-14 days |
5.55%
|
5.65%
|
5.80%
|
5.95%
|
6.00%
|
6.05%
|
6.10%
|
| 15-30 days |
5.70%
|
5.80%
|
5.95%
|
6.20%
|
6.20%
|
6.20%
|
6.25%
|
| 31-45 days |
6.05%
|
6.15%
|
6.25%
|
6.45%
|
6.45%
|
6.45%
|
6.50%
|
| 46-60 days |
6.15%
|
6.25%
|
6.35%
|
6.55%
|
6.55%
|
6.55%
|
6.60%
|
| 61-90 days |
6.20%
|
6.30%
|
6.35%
|
6.60%
|
6.60%
|
6.60%
|
6.65%
|
| 91-120 days |
6.40%
|
6.50%
|
6.50%
|
6.75%
|
6.75%
|
6.75%
|
6.80%
|
| 121-150 days |
6.50%
|
6.60%
|
6.65%
|
6.85%
|
6.85%
|
6.85%
|
6.90%
|
| 151-180 days |
6.60%
|
6.70%
|
6.75%
|
6.95%
|
6.95%
|
6.95%
|
7.00%
|
| 181-270 days |
6.70%
|
6.80%
|
6.85%
|
7.05%
|
7.05%
|
7.05%
|
7.10%
|
| 271-365 days |
6.80%
|
6.90%
|
6.90%
|
7.10%
|
7.10%
|
7.10%
|
7.15%
|
| More than 1 year to 2 years |
6.85%
|
6.95%
|
7.00%
|
7.15%
|
7.15%
|
7.15%
|
7.20%
|
| More 2 year upto 5 years |
6.85%
|
6.95%
|
7.00%
|
7.15%
|
7.15%
|
7.15%
|
7.20%
|
| more than 5 years |
6.85%
|
6.95%
|
7.00%
|
7.15%
|
7.15%
|
7.15%
|
7.20%
|
Saving Deposit Rate is unchanged at 4.00%
Note: 1) The above interest rates are valid as on date of publication and are subject to change from time to time. Please check the fixed deposit rates from your Relationship Manager on the date of placing the deposit.
2)If customer would like to terminate fixed deposits before its due date, rates applicable for fixed deposits would be deposits rates published by the bank for the respective maturity minus 1%. However, if deposits are terminated Before 7 days no interest would be paid to customer.
|