Deposit maturity             bucket Existing intt. rate w.e.f. 03.11.2016 Deposit maturity             bucket Revised intt. rate w.e.f. 24.11.2016
Below Rs.1 crore Rs.1.00 crore to Rs.10.00 crores Below Rs.1 crore Rs.1.00 crore to Rs.10.00 crores
7 days to 45 days

5.50

*

7 days to 45 days

5.50

*

46 days to 179 days

6.50

*

46 days to 179 days

6.50

*

180 days to 210 days

6.75

*

180 days to 210 days

6.75

*

211 days to < 1 Year

7.00

*

211 days to < 1 Year

7.00

*

1year to 455 days

7.15

*

1year to 455 days

6.90

*

456 days to <2 years

7.25

*

456 days to <2 years

6.95

*

2 years to < 3 years

7.25

*

2 years to < 3 years

6.85

*

3 years to <5 years

7.00

*

3 years to <5 years

6.50

*

5 years to 10 years

7.00

5 years to 10 years

6.50

* Bulk Deposit( Rs 1 crore and above&upto 5crores)

Deposit Maturity Bucket Existing Intt rate w.e.f.03.11.2016 Deposit Maturity Bucket Revised Intt rate w.e.f.24.11.2016
7-45 days 5.50 7-45 days 5.00
46-179 days 6.00 46-179 days 5.50
180-210 days 6.25 180-210 days 5.75
211 days to<1 years 6.25 211 days to<1 years 5.75
1 year to 455 days 6.50 1 year to 455 days 6.00
456 days to <2 years 6.50 456 days to <2 years 6.00
2 years to <3 years 6.50 2 years to <3 years 6.00
3 years < to < 5 years 6.00 3 years < to < 5 years 5.50
5 years to up to 10 years 6.00 5 years to up to 10 years 5.50

* Bulk deposit will be accepted after approval of Head office.

1. The proposed rates of interest shall be made applicable to fresh deposits and renewals of maturing term deposits. These rates of interest shall also be made applicable to domestic term deposits from Cooperative Banks.

2. Staff/ Ex staff shall be eligible for additional benefit of 1% in interest rate over card rate for all maturities, as hitherto

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