Click here for Annual Report FY 2021     Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home.Click Here for Instant Account Opening                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe        
DOMESTIC TERM DEPOSITS (Including MSD) from 01.08.2021

Period
 Rate of Interest % p.a
General Senior Citizens

  Bulk Deposit

(Rs.2.00cr & above)

7 days to 14 days 3.00% 3.00% 3.00%
15 days to 45 days 3.00% 3.00% 3.00%
46 days to 90 days 3.25% 3.25% 3.00%
91 days to 180 days 3.50% 3.50% 3.00%
181 days to 270 days 3.75% 3.75% 3.00%
271 days to 364 days 4.75% 4.75% 3.00%
365 days 5.00% 5.50% 5.25%
366 days to 550 days 5.00% 5.50% 3.25%
551 days to 2 years 5.25% 5.75% 3.30%
Above 2 years and up to 3 years 5.00% 5.50% 3.00%
Above 3 years and upto 5 years 5.00% 5.00% 2.50%
Above 5 years and upto 10 years 5.00% 5.00% 2.00%
Tax Saver Schemes (both for General category and Senior Citizens) ROI p.a  5.25%

For NRO deposits, the above rates under General category will alone be applicable i.e., senior citizen rate is not applicable.

Terms :   Senior citizens:    Age - Completed age of 60 years.

 

NRE TERM DEPOSITS ( Senior citizen rate not applicable)
From 01-08-2021
PERIOD Rate of Interest % p.a
365 days to 550 days 5.00%
551 days to 2 years 5.25%
Above 2  Years and up to 10 Years 5.00%
NRE Savings A/C: From 03-05-2011  rate of interest will be 4.00% P.a

*No interest is payable if NRE deposit is preclosed before one year. Preclosure of deposit after one year but before maturity will attract penalty as per the Bank’s policy from time to time

Revised rate of interest on savings Bank account with effect from 01.08.2021
Average balance Rate of Interest % p.a
Less than Rs. 1 lakh 3.00%
Above Rs. 1 lakh and up to Rs.10 lakh 3.50%
Above Rs. 10 lakh 4.00%
 

 

Interest rates for FCNR (B) Deposits from 01-SEP-2021 to 30-SEP-2021
PERIOD USD GBP EUR YEN CAD AUD SGD
1 Year and above but less than 2 Years 0.67 0.38 0.00 0.00 0.00 0.00 0.00
2 Years and above but less than 3 Years 0.81 0.63 0.00 0.00 0.00 0.00 0.00
3 Years and above but less than 4 Years 1.04 0.73 0.00 0.00 0.00 0.00 0.00
4 Years and above but less than 5 Years 1.22 0.79 0.00 0.00 0.00 0.00 0.00
5 Years only 1.37 0.84 0.00 0.00 0.00 0.00 0.00

 

Interest rates on RFC Deposits from 01-SEP-2021 to 30-SEP-2021
PERIOD USD GBP EUR SGD
1 Year and above but less than 2 Years 0.67 0.38 0.00 0.00
2 Years and above but less than 3 Years 0.81 0.63 0.00 0.00
3 years 1.04 0.73 0.00 0.00

# Libor Rates as Declared  by FEDAI #
* Penal interest of 1% for premature closure of Deposits

Click here for Annual Report FY 2021     Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home.Click Here for Instant Account Opening                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe        
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