• Deposits
  • Interest Rate
Interest Rates
RATE OF INTEREST : The Company has revised the rates of interest on Deposits with effect date from 1st September, 2018 as under.
PUBLIC DEPOSIT SCHEME / CORPORATE DEPOSIT SCHEME
TERM INTEREST RATE P.A. FOR PUBLIC DEPOSITS UPTO ₹ 25 CRORES INTEREST RATE P.A. FOR PUBLIC DEPOSITS ABOVE ₹ 25 CRORES* INTEREST RATE P.A. FOR CORPORATE DEPOSITS UPTO ₹ 25 CRORES INTEREST RATE P.A. FOR PUBLIC DEPOSITS FOR SENIOR CITIZENS FROM ₹ 10,000/- UPTO ₹ 25 CRORES
1 YEAR 7.55% p.a. 7.85% p.a. 7.55% p.a. 7.80% p.a.
18 MONTHS 7.65% p.a. 7.90% p.a. 7.65% p.a. 7.90% p.a.
2 YEAR 7.65% p.a. 7.95% p.a. 7.65% p.a. 7.90% p.a.
3 YEAR 7.70% p.a. 8.00% p.a. 7.70% p.a. 7.95% p.a.
5 YEAR 7.85% p.a. 8.05% p.a. 7.85% p.a. 8.10% p.a.
* FOR CORPORATE DEPOSITS ABOVE ₹ 25 CRORES: PLEASE CONTACT OUR CORPORATE OFFICE FOR APPLICABLE RATES.
** NO SENIOR CITIZEN BENEFIT ABOVE ₹ 25 CRORES IS APPLICABLE.
Interest is Payable/Compoundable Annually.
Designed and Developed by LICHFL