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Revised MCLR / Deposit Rates w.e.f. 23.05.2020

Revised MCLR w.e.f. 15.05.2020

Particulars MCLR(%)
Overnight MCLR 5.96
One month MCLR 6.21
Three month MCLR 6.38
Six Month MCLR 6.69
One Year MCLR 6.69

Deposit Rates At A Quick Glance w.e.f. 23.05.2020
Deposit Accounts

Type of Accounts Interest Rates(%)
A. Current Deposit Nil
B. Saving Deposit 3.00

Term Deposits - Corporate and Individuals (Amount Upto Rs. 2 Crores)

Tenure Interest Rates(%)
7 – 14 days 3.00
15 to less than 31 days 3.00
31 to less than 91 days 3.25
91 to less than 181 days 3.75
181 to less than 366 days 4.00
366 days and above 4.00

1) The aforesaid interest rates are subject to change without notice.
2) For deposit amounts of Rs. 2 crores and above or special requirement, please contact your customer manager for quotation.
3) 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.