--- Deposit Scheme - I ---
PERIODIC INTEREST PAYMENT SCHEME (PIPS)
(Under this scheme, Interest will be paid either (a) Monthly or (b) Quarterly or (c) Annually)
Minimum Deposit Amount: Rs. 50,000/-
| Others (Rate of Interest per annum) |
|||
|---|---|---|---|
| Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) |
| 12 | -- | -- | -- |
| 24 | -- | 7.25 | -- |
| 36 | 7.75 | 7.75 | 7.98 |
| 48 | 7.75 | 7.75 | 7.98 |
| 60 | 8.00 | 8.00 | 8.24 |
| Senior Citizen (Age 58 Years and above) (Rate of Interest per annum) |
|||
|---|---|---|---|
| Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) |
| 12 | -- | -- | -- |
| 24 | -- | 7.50 | -- |
| 36 | 8.25 | 8.25 | 8.51 |
| 48 | 8.25 | 8.25 | 8.51 |
| 60 | 8.50 | 8.50 | 8.77 |