• Deposits
  • Interest Rate
Interest Rates
RATE OF INTEREST : The Company has revised the rates of interest on Deposits with effect date from 5th November, 2018 as under.
PUBLIC DEPOSIT SCHEME / CORPORATE DEPOSIT SCHEME
TERM INTEREST RATE P.A. FOR PUBLIC DEPOSITS BELOW ₹ 20 CRORES INTEREST RATE P.A. FOR PUBLIC DEPOSITS OF ₹ 20 CRORES* AND ABOVE INTEREST RATE P.A. FOR CORPORATE DEPOSITS BELOW ₹ 20 CRORES INTEREST RATE P.A. FOR PUBLIC DEPOSITS FOR SENIOR CITIZENS BELOW ₹ 20 CRORES
1 YEAR 8.15% p.a. 8.30% p.a. 8.15% p.a. 8.40% p.a.
18 MONTHS 8.15% p.a. 8.30% p.a. 8.15% p.a. 8.40% p.a.
2 YEAR 8.20% p.a. 8.40% p.a. 8.20% p.a. 8.45% p.a.
3 YEAR 8.25% p.a. 8.40% p.a. 8.25% p.a. 8.50% p.a.
5 YEAR 8.30% p.a. 8.50% p.a. 8.30% p.a. 8.55% p.a.
* FOR CORPORATE DEPOSITS ABOVE ₹ 20 CRORES: PLEASE CONTACT OUR CORPORATE OFFICE FOR APPLICABLE RATES.
** NO SENIOR CITIZEN BENEFIT ABOVE ₹ 20 CRORES IS APPLICABLE.
Interest is Payable/Compoundable Annually.
Designed and Developed by LICHFL