Trust-Growth

INTEREST RATES

POLICY OF INTEREST RATE ON DEPOSITS

Term Deposits

Following are the interest rates for the term deposits with effect from 01-06-2023 :

 
Period General Sr. Citizen Super Sr. Citizen
15 to 90 Days 5.00 5.00 5.00
91 Days to 180 Days 5.50 6.00 6.00
181 Days to Less than 1 Year 6.00 6.50 6.50
1 Year to 3 Years 8.10 8.60 9.00
Above 3 Years 7.50 8.00 8.25

Note:

General Citizens will get monthly interest of Rs.670/- for every one lakh deposit of 1 year term.

Senior Citizens will get monthly interest of Rs.711/- for every one lakh deposit of 1 year term.

Super Senior Citizens will get monthly interest of Rs.744/- for every one lakh deposit of 1 year term.

General Citizens will get double amount in 112 months

Senior Citizens will get double amount in 106 months

 


 



 
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