Term Deposit Interest Rates

Existing Fixed Deposit Interest Rates

Corporate Category:  Rates are effective from 21/05/2018

Sl.no Maturities Revised Rate ( % )
1 91 days to less than 6 months 2.00 %
2 6 months to less than 1 year 2.00 %
3 1 year to less than 2 years 3.00 %
4 2 years to less than 3 years 4.00 %
5 3 years to less than 5 years 5.00 %
6 5 years and above 5.00 %

Retail category (10 million or below) :  Rates are effective from 15/05/2017

Sl.no Maturities Revised Rate ( % )
1 91 days to less than 6 months 3.00 %
2 6 months to less than 1 year 5.00 %
3 1 year to less than 2 years 6.50 %
4 2 years to less than 3 years 6.50 %
5 3 years to less than 5 years 7.25 %
6 5 years to less than 7 years 7.50 %
7 7 years and above 8.75 %
  • Interest will be calculated on Simple Interest Method.
  • For opening FDR’s of Amount Nu.10 million & above for both Corporate/Retail category please contact corporate office.
  • Premature closure for the Corporate Deposits will be charged 1% penalty and premature closure of the Retail Deposit will be charged 2% penalty.