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INTEREST RATES ON DEPOSITS

Revision of Interest rates on Domestic Term Deposits w.e.f. 21.05.2018


Interest rates on Domestic Term Deposits are revised with effect from 21.05.2018 as given in the table below.

Sno

Period of deposit

APGB Existing  Rates  01.01.2018

APGB Proposed  Rates  21.05.2018

Upto 1Cr

Above 1Cr

Upto 1Cr

Above 1Cr

1

0 days to less than 7 days

--

--

--

--

2

7 days to 14 days

 5.25

 4.75

5.75

5.50

3

15 days to 29 days

 5.25

4.75

5.75

5.50

4

30 days to 45 days

 5.25

5.00

5.75

5.50

5

46 days to 60 days

 5.25

5.00

6.25

6.25

6

61 days to 90 days

 5.75

5.10

6.25

6.25

7

91 days to 119 days

 6.30

5.60

6.30

6.00

8

120 days to 179 days

 6.30

6.00

6.30

6.00

9

180 days

 6.50

6.40

6.60

6.40

10

181 days to 270 days

 6.60

6.40

6.60

6.40

11

271 days to 364 days

 6.60

6.40

6.70

6.40

12

1 year exact

 6.90

6.50

7.00

6.50

13

Above 1 year to less than 2 years

 6.60

6.30

6.75

6.30

14

2 years & above to less than 3 years

 6.60

6.30

6.60

6.60

15

3 years & above to less than 5 years

 6.60

6.30

6.60

6.60

16

5 years & above to 10 years

 6.50

6.00

6.50

6.00