IFSC IFSC Code : IBKL0464PNS
phone 0231- 2691329 / 0231- 2693517

Term Deposit

Who can open an account?

  • Individuals
  • Two or More individuals in their joint names
  • Minors represented by the natural guardians
  • Proprietary concerns / partnership firms / companies
  • Associations or any body corporate
  • Hindu Undivided Families
  • Trusts

Rate of Interest Changed w.e.f 29 Sep 2024

Interest Rates on Term Deposits
Deposit Type / Tenor General Senior Citizens /individual / Sanstha Rs.15Lakh & above / Staff & ex.Staff
30 Days To 180 Days 4.00% 4.50%
181 Days To 1 Year 5.00% 5.50%
1 Year 1 day upto 3 Years 5.50% 6.00%
3 years 1 day upto 4 years 5.50% 6.00%
4 Years 1day Above 5.50% 6.00%
BHAGYALAXMI THEV (30 MONTHS) 7.50% 8.00%
BHAGYASHRI THEV (30 MONTHS) ( MONTHLY / QUARTERLY INTEREST) 7.75% 8.25%
PANCHGANGA FIX DEPOSIT (500 DAYS) 7.00% 7.50%
KANYARATNA DHANVARDHINI THEV 6.50% 7.00%
SAVING DEPOSIT (From 17/05/2021) 2.00%

Recurring Deposit Interest Rate

Recurring Deposit Interest Rate
Deposit Type / Tenor General Senior Citizens / Staff & ex.Staff
12 Months 7.00 % 7.50%
15 Months to 36 Months 7.50% 8.00%
39 Months to 60 Months 8.00 % 8.50 %
Kanyaratna Recurring 8.00 % 8.50 %