Features
- Mobile banking
- Inter-Net banking
- SMS Alert
- Nomination facility is Available
- Monthly Average Balance: NIL
- No limit on Maximum balance
- A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges.
- Cheque Book facility available.
- Locker facility available.
- Missed call Alerts available.
- Rupay ATM debit card facility available.
- Free Transfer of account from one branch to another.
Eligibility
All individuals/Central/State Govt Departments (if eligible to open SB accounts) such as:
- All individuals having valid KYC documents.
- Govt depts. /bodies/agencies in respect of grants, subsidies released for implementation of various programmes/schemes sponsored by Central Government/State Governments subject to production of an authorisation from the respective Govt depts to open Savings Bank account.
- Development of Women and Children in Rural areas
- Self-help Groups members, etc.
- Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc
The revised Interest rates on Term Deposits will be as under: w.e.f 25.07.2025
Savings Bank Account: 2.50% per annum.
| Sl No. | Period | Term Deposits Rate Below 1 Crore | Term Deposits Rate 1 Crore & Above |
|---|---|---|---|
| Proposed Rates (w.e.f 25.07.2025) |
Proposed Rates (w.e.f 25.07.2025) |
||
| 1 | 7 days to 14 days | 3.50% | 2.90% |
| 2 | 15 days to 30 days | 3.50% | 5.00% |
| 3 | 31 days to 60 days | 3.75% | 5.15% |
| 4 | 61 days to 179 days | 5.00% | 5.15% |
| 5 | 180 days to 270 days | 6.10% | 6.00% |
| 6 | 271 days to 364 days | 6.15% | 6.00% |
| 7 | 1 year to less than 2 years | 6.70% | 6.30% |
| 8 | 2 year to less than 3 years | 6.70% | 6.30% |
| 9 | 3 years to less than 5 years | 6.50% | 6.30% |
| 10 | 5 year to 10 years | 6.50% | 6.30% |
*Accordingly, it is proposed to reduce the interest rate on the “RD- Nethanna Podhupu” Special scheme- mandated for a 24 month term from 7.35 % to 6.75% for Normal Citizen.
Special schemes
Dasara Diwali Dhamaka (444-DDD) |
RD- Nethanna Podhupu |
Enjoy higher returns on your savings and deposits with our competitive interest rates among the best in the market. Grow your money faster with the trust and security of our bank.
Note:
a) The above rates are applicable for NRE and NRO deposits also.
b) Senior Citizens will get an additional interest of 0.50% p.a. over card rate for one year and
above term deposits only.
c) Revised interest rates on deposit are applicable to new deposits and also for the existing
deposits on their renewal.
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