Interest rates of Deposits (effective from October 20th, 2018)

Interest Rates on Fixed Deposits for Senior Citizen
(COMPLETED AGE : 60 YEARS ON THE DATE OF DEPOSIT)
Term (months)Rates of Interest (% per annum)
MonthlyQuarterly
12*8.25
18*8.25
24*8.50
368.448.50
488.448.50
608.448.50


Interest Rates on Cumulative Deposits for Senior Citizen
(COMPLETED AGE : 60 YEARS ON THE DATE OF DEPOSIT)
Term (months)Rate of Interest
(% per annum)
Maturity Value forYield %
₹10000 /-₹1000 /-
128.25₹10,850/-₹1,085/-8.50
188.25₹11,300/-₹1,130/-8.67
248.50₹11,830/-₹1,183/-9.15
368.50₹12,870/-₹1,287/-9.57
488.50₹14,000/-₹1,400/-10.00
608.50₹15,230/-₹1,523/-10.46


Interest Rates on Fixed Deposits for Individuals
Term (months)Rates of Interest (% per annum)
MonthlyQuarterly
12*7.75
18*7.75
24*8.00
367.958.00
487.958.00
607.958.00


Interest Rates on Cumulative Deposits for Individuals
Term (months)Rate of Interest
(% per annum)
Maturity Value forYield %
₹10000 /-₹1000 /-
127.75₹10,800/-₹1,080/-8.00
187.75₹11,220/-₹1,122/-8.13
248.00₹11,720/-₹1,172/-8.60
368.00₹12,680/-₹1,268/-8.93
488.00₹13,730/-₹1,373/-9.33
608.00₹14,860/-₹1,486/-9.72


Interest Rates on Fixed Deposits for Trust
Term (months)Rates of Interest (% per annum)
MonthlyQuarterly
12*8.25
18*8.25
24*8.50
368.698.75
488.698.75
608.698.75


Interest Rates on Cumulative Deposits for Trust

Term (months)Rate of Interest
(% per annum)
Maturity Value forYield %
₹10000 /-₹1000 /-
128.25₹10,850/-₹1,085/-8.50
188.25₹11,300/-₹1,130/-8.67
248.50₹11,830/-₹1,183/-9.15
368.75₹12,970/-₹1,297/-9.90
488.75₹14,140/-₹1,414/-10.35
608.75₹15,420/-₹1,542/-10.84

  • Minimum Deposit Rs.10,000/- per account.
  • Interest rates on existing deposits remain unchanged.
  • Trust deposits are specified investment under Section 11(5)(ix) of the Income-tax Act, 1961.
  • Senior Citizens - Completed 60 years of age on date of deposit/renewal.

Rating Awarded For Our Fixed Deposits Programme
CRISILFAAA / STABLEHigh safety

Method of interest credit

Interest warrants crossed ‘Account Payee’ could be dispatched:

  • Direct to the depositor
  • Direct to the depositor with bank details
  • Direct to the bank under advice to the depositor

The following table details the Bank on which the Interest Warrants are drawn and branches at which ‘At Par’ facility is available.

Interest Warrant Date10
Drawee BankHDFC Bank
At Par BranchesSpecified Branches



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