• Deposits
  • Interest Rate
Interest Rates
RATE OF INTEREST : The Company has revised the rates of interest on Deposits with effect date from 15th February, 2018 as under.
PUBLIC DEPOSIT SCHEME
RATE OF INTEREST APPLICABLE TO RETAIL DEPOSITS UPTO ₹ 25 CRORES
TERM REVISED ROI PER ANNUM ON DEPOSITS FROM GENERAL PUBLIC REVISED ROI PER ANNUM ON DEPOSITS FROM SENIOR CITIZENS UPTO ₹ 50,000/- REVISED ROI PER ANNUM ON DEPOSITS FROM SENIOR CITIZENS ABOVE ₹ 51,000/- UPTO ₹ 25 crs
1 YEAR 7.30% p.a. 7.40% p.a. 7.55% p.a.
18 MONTHS 7.35% p.a. 7.45% p.a. 7.60% p.a.
2 YEAR 7.40% p.a. 7.50% p.a. 7.65% p.a.
3 YEAR 7.45% p.a. 7.55% p.a. 7.70% p.a.
5 YEAR 7.45% p.a. 7.55% p.a. 7.70% p.a.
Interest is Payable/Compoundable Annually.
FOR DEPOSITS MORE THAN ₹ 25 CRORES
TERM INTEREST RATE P.A. ₹ 25 CRORES WILL BECOME
(cumulative scheme)
1 YEAR 7.20% p.a. ₹ 26,80,00,000/-
18 MONTHS 7.20% p.a. ₹ 27,76,48,000/-
2 YEAR 7.25% p.a. ₹ 28,75,64,063/-
3 YEAR 7.30% p.a. ₹ 30,88,44,004/-
5 YEAR 7.30% p.a. ₹ 35,55,81,059/-

 

CORPORATE DEPOSIT SCHEME

DEPOSITS UPTO ₹ 25 CRORES*
Cumulative / Non - Cumulative scheme

TERM INTEREST RATE P.A. ₹ 10,000/- WILL BECOME
(cumulative scheme)
1 YEAR 7.30% p.a. ₹ 10,730/-
18 MONTHS 7.35% p.a. ₹ 11,130/-
2 YEAR 7.40% p.a. ₹ 11.535/-
3 YEAR 7.45% p.a. ₹ 12,406/-
5 YEAR 7.45% p.a. ₹ 14,323/-
Under Non-Cumulative Deposit Scheme, Interest will be payable on 31st March & under Cumulative Deposit Scheme, interest will be compounded annually. 
*Total deposits exceeding ₹ 25 Crs. received from Single Deposit holder/s within a period of one calendar month shall be treated as Single Deposit and interest rate shall be the rate applicable for deposits exceeding ₹ 25 Crs.
Designed and Developed by LICHFL