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Interest is calculated on a contractual basis and paid upon maturity (for tenures of 1 to 12 months) or on a half yearly basis (for tenures of more than 12 months). Effective 28 December 2023
|
Tenure
|
Interest Rate (%) P.A.
|
|---|---|
| 1 month | 2.50 |
| 2 months | 2.50 |
| 3 months | 2.50 |
| 4 months | 2.65 |
| 5 months | 2.65 |
| 6 months | 2.65 |
| 7 months | 2.70 |
| 8 months | 2.70 |
| 9 months | 2.70 |
| 10 months | 2.70 |
| 11 months | 2.70 |
| 12 months | 2.70 |
| Above 12 months | 2.70 |
