Revision of interest rate for Domestic Term Deposits & NRO Deposits from 01.09.2024


Period Rate of Interest % p.a
General Senior Citizens
7 days to 14 days 5.00% 5.00%
15 days to 45 days 5.50% 5.50%
46 days to 90 days 5.75% 5.75%
91 days to 180 days 6.00% 6.00%
181 days to 270 days 6.25% 6.50%
271 days to 332 days 6.50% 6.75%
333 days 7.50% 8.00%
334 days to 400 days 7.00% 7.25%
401 days to 3 Years 6.50% 6.75%
Above 3 Years upto 10 Years 6.25% 6.50%
Tax Saver 7.10% 7.10%
For *NRO deposits, the above rates under General category will alone be applicable i.e., senior citizen rate & super senior citizen rate is not applicable.

Super Senior citizen from 09.09.2024


Period Rate of Interest % p.a
Super Senior Citizens
7 days to 14 days 5.00%
15 days to 45 days 5.50%
46 days to 90 days 5.75%
91 days to 180 days 6.00%
181 days to 270 days 6.50%
271 days to 332 days 6.75%
333 days 8.10%
334 days to 400 days 7.30%
401 days to 3 Years 6.75%
Above 3 Years upto 10 Years 6.50%
Tax Saver 7.10%

NRE TERM DEPOSITS (Senior citizen & Super senior citizen rate not applicable)
From 01-09-2024
PERIOD Revised ROI(%)
365 days to 400 days 7.00%
401 days to 3 Years
6.50%
Above 3 Years up to 10 Years
6.25%

Domestic/NRO Rupee Term deposits above Rs 1.00 Cr and below Rs 3.00 Cr for "CUB Deposit Plus - Non callable Deposit"
From 18-09-2024
Particulars General Senior Citizens Super Senior Citizens
Non Callable (Above 1 Cr and below 3Crs) Non Callable (Above 1 Cr and below 3Crs) Non Callable (Above 1 Cr and below 3Crs)
91 days to 180 days 6.00% 6.00% 6.00%
181 days to 270 days 6.25% 6.50% 6.50%
271 days to 332 days 6.50% 6.75% 6.75%
333 days 7.85% 8.05% 8.25%
334 days to 400 days
7.10% 7.35% 7.35%
401 days to 3 years 6.60% 6.85% 6.85%
Above 3 Years up to 10 Years 6.25% 6.50% 6.50%
For *NRO deposits, the above rates under General category will alone be applicable i.e., senior citizen rate & super senior citizen rate is not applicable.

Bulk deposit (Single Rupee term deposits of Rs.3.00 Crores and above) subject to prior approval from Treasury Department.



NRE TERM DEPOSITS (Senior citizen & Super senior citizen rate not applicable)
Non Callable (Above 1 Cr and below 3Crs)
From 18-09-2024
PERIOD Revised ROI(%)
365 days to 400 days 7.10%
401 days to 3 Years
6.60%
Above 3 Years up to 10 Years
6.25%

Domestic/NRO Rupee Term deposits of Rs.3.00 Cr (Bulk Deposit) and above
From 21-10-2024 Callable Bulk Deposit
Period ROI(%)
Rs. 3 Cr to < Rs. 05 Cr Rs. 5 Cr to < Rs. 10 Cr Rs. 10 Cr < Rs. 15 Cr Rs. 15 Cr to < Rs. 25 Cr Rs. 25 Cr to < Rs. 75 Cr Rs. 75 Cr to Rs. 250 Cr
7 days to 14 days 5.50% 5.50% 6.10% 6.40% 6.45% 6.45%
15 days to 45 days 5.75% 5.75% 6.20% 6.40% 6.45% 6.45%
46 days to 90 days 6.50% 6.50% 6.50% 6.85% 6.85% 6.85%
91 days to 180 days 6.60% 6.60% 6.70% 6.90% 6.90% 7.00%
181 days to 270 days 6.85% 6.85% 6.95% 7.20% 7.20% 7.20%
271 days to 332 days 6.90% 7.05% 7.10% 7.40% 7.40% 7.40%
333 days
7.60% 7.60% 7.60% 7.95% 8.00% 8.00%
334 days to 400 days 7.65% 7.65% 7.95% 8.00% 8.10% 8.10%
401 days to 3 years 6.70% 6.70% 6.70% 6.70% 6.70% 6.70%
Above 3 years to 10 years 6.70% 6.70% 6.70% 6.70% 6.70% 6.70%


NRE Rupee Term deposits of Rs.3.00 Cr (Bulk Deposit) and above
From 21-10-2024 Callable Bulk Deposit
Period ROI(%)
Rs. 3 Cr to < Rs. 05 Cr Rs. 5 Cr to < Rs. 10 Cr Rs. 10 Cr < Rs. 15 Cr Rs. 15 Cr to < Rs. 25 Cr Rs. 25 Cr to < Rs. 75 Cr Rs. 75 Cr to  Rs. 250 Cr
365 Days to 400 days 7.65% 7.65% 7.95% 8.00% 8.10% 8.10%
401 Days to 3 years 6.70% 6.70% 6.70% 6.70% 6.70% 6.70%
Above 3 years to 10 years 6.70% 6.70% 6.70% 6.70% 6.70% 6.70%

Domestic/NRO Rupee Term deposits of Rs.3.00 Cr (Bulk Deposit) and above
From 21-10-2024 Non Callable Bulk Deposit-CUB Deposit PLUS
Period ROI(%)
Rs. 3 Cr to < Rs. 05 Cr Rs. 5 Cr to < Rs. 10 Cr Rs. 10 Cr < Rs. 15 Cr Rs. 15 Cr to < Rs. 25 Cr Rs. 25 Cr to < Rs. 75 Cr Rs. 75 Cr to Rs. 250 Cr
7 days to 14 days -- --

--

--

--
--
15 days to 45 days

--

--

--

--

--
--
46 days to 90 days -- --
--
--
-- --
91 days to 180 days 6.70%

6.70%

6.80%

7.00%

7.00%

7.10%

181 days to 270 days

7.00%

7.00%

7.10%

7.35%

7.35%

7.35%

271 days to 332 days 7.10% 7.25% 7.30% 7.60% 7.60% 7.60%
333 days 7.85%

7.85%

7.90%

8.00%

8.05%

8.05%

334 days to 400 Days 7.75% 7.85%

8.00%

8.10%

8.10%

8.10%
401 Days to 3 years -- ---- -- --
--
Above 3 years to 10 years -- --
-- -- -- --


NRE Rupee Term deposits of Rs.3.00 Cr (Bulk Deposit) and above
From 21-10-2024 Non Callable Bulk Deposit-CUB Deposit PLUS
Period ROI(%)
Rs. 3 Cr to < Rs. 05 Cr Rs. 5 Cr to < Rs. 10 Cr Rs. 10 Cr < Rs. 15 Cr Rs. 15 Cr to < Rs. 25 Cr Rs. 25 Cr to < Rs. 75 Cr Rs. 75 Cr to Rs. 250 Cr
365 Days to 400 days 7.75%

7.85%

8.00%

8.10%

8.10%

8.10%

401 Days to 3 years -- --
--
--
--
--
Above 3 years to 10 years -- -- -- -- -- --

Revised rate of interest on savings Bank account with effect from 01-11-2021
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 lakhs up to Rs.49.99 crore 4.00%
Rs.50 crore and above 5.00%

Interest rates for FCNR (B) Deposits with effect from 02-12-2024
PERIOD USD GBP EUR YEN CAD AUD SGD
1 Year and above but less than 2 Years 5.70% 5.25% 4.00% 0.20% 4.65% 4.50% 4.00%
2 Years and above but less than 3 Years 4.75% 4.75% 2.50% 0.20% 4.30% 4.35% 0.00%
3 Years and above but less than 4 Years 4.50% 4.00% 2.00% 0.20% 4.30% 4.25% 0.00%
4 Years and above but less than 5 Years 4.50% 4.00% 2.00% 0.20% 4.00% 4.25% 0.00%
5 Years only 4.50% 4.00% 2.00% 0.20% 4.00% 4.25% 0.00%

Interest rates on FCNR [B] BULK Deposits with effect from 02-12-2024
Period USD 0.250 Million and Above
1 Year & above but less than 2 yrs 5.80@

@Subject to prior permission from IBD/ Treasury



Interest rates on RFC Deposits with effect from 02-12-2024
PERIOD USD GBP EUR SGD
1 Year and above but less than 2 Years 5.70% 5.25% 4.00% 0.75%
2 Years and above but less than 3 Years 4.75% 4.75% 2.50% 0.00%
3 years 4.50% 4.00% 2.00% 0.00%

We may offer 0.50% p.a. on USD RFC savings account & 0% p.a. on EUR, SGD & GBP RFC savings account.

* Pre-closure penalty as per bank’s policy from time to time.

Last Updated on: 02-12-2024 07:40:22 PM

Bank on CUB

A distinct bank
for all your needs.
Anywhere... Anytime...