--- Deposit Scheme - I ---
PERIODIC INTEREST PAYMENT SCHEME (PIPS)
(w.e.f 15-Apr-2025)
[Under this scheme, Interest will be paid either (a) Monthly or (b) Quarterly or (c) Annually]
| Public (Normal) (Rate of Interest per annum) |
|||
|---|---|---|---|
| Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) |
| 24 | -- | 8.25 | -- |
| 36 | 8.30 | 8.30 | 8.56 |
| 48 | 8.40 | 8.40 | 8.67 |
| 60 | 8.50 | 8.50 | 8.77 |
| Public (Sr.Citizen - Age 60 Years & above) (Rate of Interest per annum) |
|||
|---|---|---|---|
| Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) |
| 24 | -- | 8.40 | -- |
| 36 | 8.50 | 8.50 | 8.77 |
| 48 | 8.75 | 8.75 | 9.04 |
| 60 | 9.00 | 9.00 | 9.31 |
| Others (Non-Public / Institutions) (Rate of Interest per annum) |
|||
|---|---|---|---|
| Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) |
| 24 | -- | 6.90 | -- |
| 36 | 6.70 | 6.70 | 6.87 |
| 48 | 6.70 | 6.70 | 6.87 |
| 60 | 6.70 | 6.70 | 6.87 |