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DOMESTIC TERM DEPOSITS (Also applicable for NRO Accounts)

Interest rate on Domestic Term Deposits w.e.f 17th November 2022

Period	Single Deposit less than Rs.2 crore
	General	Senior Citizens*
7 days to 30 days	2.65%	3.15%
31 days to 90 days	3.25%	3.75%
91 days to 99 days	4.25%	4.75%
100 days	5.50%	6.00%
101 days to 180 days	4.25%	4.75%
181 days to less than 1 year	4.60%	5.10%
1 year	6.50%	7.00%
1 year 1 day	7.00%	7.50%
1 year 2 days to less than 30 months	6.50%	7.00%
30 months	7.00%	7.25%
Above 30 months to less than 5 years	5.90%	6.40%
5 years to up to and including 10 years	6.00%	6.50%
Tax Gain ( 5 Years )	6.00%	6.50%

* Special rates for Senior Citizens, applicable only to Residents individually or jointly with another resident citizen. Penalty is applicable for premature withdrawal and reinvestment of Retail Rupee Term Deposits (including Recurring Deposits) at the rate of 0.50% for deposit amounts below Rs. 15 lakhs and 1% for deposit amounts of Rs. 15 lakhs and above for deposits opened/renewed up to 31st May 2022. The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less Effective from 1st June 2022 , premature closure penalty is applicable for premature withdrawal and reinvestment of Retail Rupee Term Deposits (including NRE & Recurring Deposits) at the rate of 0.50% (for all tenors) for deposit amounts below Rs. 5 lakhs and 1% (for all tenors) for deposit amounts of Rs. 5 lakhs and above. The new change in penalty is applicable for all term deposits opened /renewed w.e.f. 1st June 2022.The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less.

ALL SAVINGS ACCOUNTS (Also Applicable for NRO/ NRE Accounts)

Interest rate on Savings Accounts w.e.f 20th November 2022

End of the day Balance	Rate of Interest
Up to and including Rs 2.00 lakh	2.50% per annum
Above Rs. 2.00 lakh - less than Rs. 5.00 crore	2.75% per annum
Rs. 5.00 crore - less than Rs. 25.00 crore	4.50% per annum
Rs. 25.00 crore - less than Rs. 50.00 crore	4.20% per annum
Rs. 50.00 crore and above	6.00% per annum

NRE TERM DEPOSITS

Interest rate on NRE Term Deposits with effect from 09th November 2022

Period	Single Deposit less than Rs.2 crore
1 year	6.50%p.a
1 year 1 day	7.00%p.a
1 year 2 days to less than 30 months	6.50%p.a
30 Months	7.00%p.a
Above 30 months to less than 5 years	5.90%p.a
5 years to up to and including 10 years	6.00%p.a

The revised rates will apply only to fresh deposits and on renewal of maturing deposits.
No interest will be paid if closed within one year.
No additional interest will be paid for Senior Citizens under NRE Term deposit schemes.
Penalty for premature withdrawal and reinvestment will be applicable for Retail Rupee Term Deposits (including NRE & Recurring Deposits) opened/ renewed from 01.06.2022 at the rate of 0.50% for deposit amounts below Rs. 5 lakhs and 1% for deposit amounts of Rs. 5 lakhs and above. The effective rate will be the net of applicable rate to the amount and period for which the deposit remained with the bank (less the penal rate) or the net of original contracted rate (less penal rate) whichever is less

NON CALLABLE DEPOSITS

Interest rate on Retail Non Callable Domestic/NRO/NRE Term Deposits w.e.f 03rd December 2022

Period	Single Deposit above Rs. 15.00 lakhs and less than Rs.2 crore
	General	Resident Senior Citizens
15 Months (SIB MAXIMO)	6.60%	7.10%
2 years	7.50%	7.50%

FCNR(B) DEPOSITS

Interest rate per annum on FCNR(B) Deposits with effect from 11th November 2022

Maturity period/Currency	USD		GBP	EUR	AUD	CHF	JPY	CAD
Maturity period/Currency	USD		GBP	EUR	AUD	CHF	JPY	CAD
Amount	Upto 250000	250000 & above
1 Year to less than 2 Year	4.40%	5.05%	3.70%	1.00%	2.60%	0.05%	0.05%	3.50%
2 Year to less than 3 Year	4.00%	4.00%	2.45%	1.00%	2.75%	0.00%	0.05%	3.00%
3 Year to less than 4 Year	3.75%	3.75%	2.45%	1.00%	3.00%	0.00%	0.05%	3.15%
4 Year to less than 5 Year	3.00%	3.00%	2.45%	1.00%	3.20%	NA	0.05%	3.20%
5 Year	3.00%	3.00%	2.45%	1.00%	3.45%	NA	0.05%	3.25%

Ø There is no pre closure penalty for FCNR(B) deposits.

Ø No interest will be paid if closed within one year.

RFC ACCOUNT

Interest rate per annum on RFC Deposits with effect from 11th November 2022

Maturity period/Currency	USD		GBP	EUR	AUD	CHF	JPY
Maturity period/Currency	USD		GBP	EUR	AUD	CHF	JPY
Amount	Up to 250000	250000 & above
1 Year to less than 2 Year	4.40%	5.05%	3.70%	1.00%	2.60%	0.05%	0.05%
2 Year to less than 3 Year	4.00%	4.00%	2.45%	1.00%	2.75%	0.00%	0.05%
3 Year	3.75%	3.75%	2.45%	1.00%	3.00%	0.00%	0.05%

RFC SAVINGS ACCOUNT

	USD	GBP	EURO	AUD	CHF	JPY
Savings Bank A/c ( w.e.f 24.02.2021)	0.50%	0.50%	0.05%	-	-	-

Effective Annualized Rate of Return (Indicative only)

In keeping with Reserve Bank of India guidelines to provide information on effective annualized rate of return on deposits of various maturities, the annualized rate of return for the Kalpakanidhi* (KND- Quarterly Compounding) deposits are indicated.

Period	General		Senior Citizen
*Annualized Rate of Return at minimum quarterly multiple of the maturity bucket for Kalpakanidhi (KND - Quarterly Compounding) Domestic Deposits (Also Applicable for NRO KND Deposits)**
(For Single deposits of less than Rs.2 crore)
Period	ROI	Annualized Yield	ROI	Annualized Yield
6 months	4.25%	4.27%	4.75%	4.78%
1 year	6.50%	6.66%	7.00%	7.19%
1 year 1 day	7.00%	7.19%	7.50%	7.71%
2 years	6.50%	6.88%	7.00%	7.44%
30 months	7.00%	7.58%	7.25%	7.87%
3 years	5.90%	6.40%	6.40%	6.99%
4 years	5.90%	6.60%	6.40%	7.23%
5 years	6.00%	6.94%	6.50%	7.61%
6 years	6.00%	7.16%	6.50%	7.87%
7years	6.00%	7.39%	6.50%	8.15%
8years	6.00%	7.63%	6.50%	8.44%
9years	6.00%	7.88%	6.50%	8.74%
10years	6.00%	8.14%	6.50%	9.06%

Annualized Rate of Return at minimum quarterly multiple of the maturity bucket for NRE KND* Deposits
Period	ROI		Annualized Yield
1 year	6.50%		6.66%
1 year 1 day	7.00%		7.19%
2 years	6.50%		6.88%
30 months	7.00%		7.58%
3 years	5.90%		6.40%
4 years	5.90%		6.60%
5 years	6.00%		6.94%
6 years	6.00%		7.16%
7 years	6.00%		7.39%
8 years	6.00%		7.63%
9 years	6.00%		7.88%
10 years	6.00%		8.14%

* Special rates for Senior Citizens, applicable only to Residents individually or jointly with another resident citizen.

DOMESTIC RATE OF INTEREST - GENERAL

External Benchmark based Lending Rate (EBLR)

All new floating rate retail loans (housing, auto, etc.) and loans to Micro, Small and Medium Enterprises are linked to Repo Rate. Applicable Repo Rate from 01st October 2022 is revised to 5.90% with a monthly reset.

Marginal Cost of funds based Lending Rate (MCLR) for different tenors

MCLRs effective from 20th November 2022, please click here

Base Rate

Base Rate (BR) 9.75% (w.e.f 20th September 2020)

Benchmark Prime Lending Rate

Benchmark Prime Lending Rate (BPLR) 15.00% (w.e.f 11.11.2015)

SCHEMATIC LOANS

Interest rates of schematic loans linked to REPO

Interest rates of schematic loans linked to MCLR

INTEREST RATE RANGE AND ANNUAL PERCENTAGE RATE

Interest Rate Range and Mean Interest Rate

Interest Rate Range of contracted loans for the past quarter (July- September 2022) for different categories of advances granted to individual borrowers:
Category	Mean Interest	Interest rate range*
Car Loan	9.62%	8.00% - 15.05%
Educational Loan	11.67%	9.70% - 15.85%
Gold loan (Agri)	8.29%	7.99% - 16.60%
Gold Loan (General)	8.45%	7.49% - 19.00%
Gold Power and Gold Power Repledge	10.59%	8.75% - 13.95%
Mobi Loan Commercial	11.65%	8.95% - 14.70%
Mortgage Loan	12.58%	8.65% - 14.60%
Personal Loan	15.32%	11.75% - 19.50%
SIB Home Loan	8.96%	8.30% - 11.50%
SIB Rental and Mini Rental Scheme	9.77%	8.85% - 12.30%
SIB Super Bike Loan	12.45%	12.45% - 12.45%
Two wheeler loan	15.76%	14.45% - 16.15%

*Minimum & Maximum rate of interest is charged as per past quarter

Annual Percentage Rate

Annual Percentage Rate (updated as on 31.10.2022)

ADDITIONAL INTEREST FOR OVERDUE ACCOUNTS

An additional interest to all borrowal accounts will be charged if the account is in overdue, as mentioned below,

Sl No	Overdue days between	Category	Additional Interest charged
1.	31 - 60 days	SMA - 1	Existing/Contracted Rate of Interest + 1.00%
2.	61 - 90 days	SMA - 2	Existing/Contracted Rate of Interest + 2.00%

The following type of accounts are excluded from the above guidelines;

a) Agriculture loans.

b) Loan Against Deposit

c) Simple Interest Loans

d) FBP and Packing Credit.

The norms are applicable to all borrowal accounts except stated above irrespective of the exposure

Bulk Deposit

Interest rates for Resident Term Deposits of Rs.2 Crore and above w.e.f 03.12.2022

Tenor	Rs.2.00 Cr to less than Rs.5.00 Cr	Rs.5.00 Cr to less than Rs.10.00 Cr	Rs.10.00 Cr to less than Rs.25.00 Cr	Rs.25 Cr to less than Rs.50.00 Cr	Rs.50.00 Cr to less than Rs. 100 cr	Rs. 100 cr to less than Rs.200 cr	Rs. 200 cr and above
7-14 Days	4.25%	4.25%	4.25%	4.25%	4.25%	4.25%	4.25%
15-30Days	4.75%	4.75%	4.75%	4.75%	4.75%	4.75%	4.75%
31-60 Days	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
61- 90 Days	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%	5.00%
91-180 Days	5.75%	6.25%	5.75%	5.75%	5.75%	5.75%	5.75%
181 days to 270 days	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%
271 days to 364 days	6.00%	6.60%	6.00%	6.00%	6.00%	6.00%	6.00%
1 Year to 389 Days	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%
390 Days	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%
Above 390 Days to up to and including 2 Years	7.35%	7.35%	7.35%	7.35%	7.35%	7.35%	7.35%
Above 2 Years to up to and less than 3 Years	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%
3 Years	6.00%	6.00%	6.50%	6.60%	6.65%	6.65%	6.65%
Above 3 Years to less than 5 Years	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%
5 Years	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%
Above 5 Years to up to and including 10 Years	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%

Terms & condition

Ø The above rates are subject to change without notice.

Ø No additional interest will be paid to Senior citizen for deposits of Rs.2.00 Crore and above

Ø Premature closure penalty charges of 1% is applicable

NRE Bulk Deposit

Interest rates for NRE Term Deposits of Rs.2 Crore and above w.e.f 03.12.2022

Tenor	Rs.2.00 Cr to less than Rs.5.00 Cr	Rs.5.00 Cr to less than Rs.10.00 Cr	Rs.10.00 Cr to less than Rs.25.00 Cr	Rs.25 Cr to less than Rs.50.00 Cr	Rs.50.00 Cr to less than Rs.100.00 cr	Rs.100.00 Cr to less than Rs.200.00 cr	Rs.200.00 Cr and above
1 Year to 389 Days	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%
390 Days	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%	6.50%
Above 390 Days to up to and including 2 Years	7.35%	7.35%	7.35%	7.35%	7.35%	7.35%	7.35%
Above 2 Years to up to and less than 3 Years	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%	6.00%
3 Years	6.00%	6.00%	6.50%	6.60%	6.65%	6.65%	6.65%
Above 3 Years to less than 5 Years	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%	5.60%
5 Years	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%
Above 5 Years to up to and including 10 Years	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%	5.80%

Terms & condition

Ø The above rates are subject to change without notice.

Ø No additional interest will be paid to Senior citizen for deposits of Rs.2.00 Crore and above

Ø Premature closure penalty charges of 1% is applicable

Bulk Deposit Non-Callable

Interest rates for Resident Term Deposits (Non-Callable) of Rs.2 Crore and above w.e.f 03.12.2022

Tenor	Rs.2.00 Cr to less than Rs.5.00 Cr	Rs.5.00 Cr to less than Rs.10.00 Cr	Rs.10.00 Cr to less than Rs.25.00 Cr	Rs.25 Cr to less than Rs.50.00 Cr	Rs.50.00 Cr to less than Rs. 100 cr	Rs. 100 cr to less than Rs.200 cr	Rs. 200 cr and above
91-180 Days	5.85%	6.35%	5.85%	5.85%	5.85%	5.85%	5.85%
181 days to 270 Days	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%
271 days to 364 Days	6.10%	6.70%	6.10%	6.10%	6.10%	6.10%	6.10%
1 Year to 389 Days	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%
390 Days	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%
Above 390 Days to up to and including 2 Years	7.45%	7.45%	7.45%	7.45%	7.45%	7.45%	7.45%
Above 2 Years to up to and less than 3 Years	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%
3 Years	6.10%	6.10%	6.60%	6.70%	6.75%	6.75%	6.75%
Above 3 Years to up to less than 5 Years	5.70%	5.70%	5.70%	5.70%	5.70%	5.70%	5.70%
5 Years	5.90%	5.90%	5.90%	5.90%	5.90%	5.90%	5.90%

Terms & condition

Ø The above rates are subject to change without notice.

Ø No additional interest will be paid to Senior citizen for deposits of Rs.2.00 Crore and above

ØPremature withdrawal of this deposit is not allowed till maturity

Interest rates for NRE Term Deposits (Non-Callable) of Rs.2 Crore and above w.e.f 03-12-2022

Tenor	Rs.2.00 Cr to less than Rs.5.00 Cr	Rs.5.00 Cr to less than Rs.10.00 Cr	Rs.10.00 Cr to less than Rs.25.00 Cr	Rs.25 Cr to less than Rs.50.00 Cr	Rs.50.00 Cr to less than Rs.100 cr	Rs.100 Cr to less than Rs.200 cr	Rs.200 cr and above
1 Year to 389 Days	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%
390 Days	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%	6.60%
Above 390 Days to up to and including 2 Years	7.45%	7.45%	7.45%	7.45%	7.45%	7.45%	7.45%
Above 2 Years to up to and less than 3 Years	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%	6.10%
3 Years	6.10%	6.10%	6.60%	6.70%	6.75%	6.75%	6.75%
Above 3 Years to less than 5 years	5.70%	5.70%	5.70%	5.70%	5.70%	5.70%	5.70%
5 years	5.90%	5.90%	5.90%	5.90%	5.90%	5.90%	5.90%

Terms & condition

The above rates are subject to change without notice.
No additional interest will be paid to Senior citizen for deposits of Rs.2.00 Crore and above
Premature withdrawal of this deposit is not allowed till maturity.

All Foreign Exchange transactions are subject to rules, regulations & guidelines framed by RBI from time to time.

	TT	BILL	TC	TT	BILL	TC	DDSCQ
Forex Card Rates as on 06-12-2022 09:38	Selling			Buying
AED( UAE DIRHAM )	22.60	22.62	0.00	22.15	22.13	0.00	22.13
AUD( AUSTRALIAN DOLLAR )	55.83	55.85	0.00	54.73	54.71	0.00	54.71
CAD( CANADIAN DOLLARS )	61.14	61.16	0.00	59.92	59.90	0.00	59.90
CHF( SWISS FRANCS )	87.92	87.94	0.00	86.61	86.59	0.00
EUR( EURO CURRENCY )	86.96	86.98	0.00	85.66	85.64	0.00	85.64
GBP( GREAT BRITAIN POUNDS )	101.04	101.06	0.00	99.53	99.51	0.00	99.51
JPY( JAPANESE YEN )	60.64	60.66	0.00	59.44	59.42	0.00	59.42
SAR( SAUDI RIYAL )	22.13	22.15	0.00	21.69	21.67	0.00	21.67
SGD( SINGAPORE DOLLAR )	61.25	61.27	0.00	60.04	60.02	0.00	60.02
USD( UNITED STATES DOLLAR )	82.82	82.84	0.00	81.58	81.56	0.00	81.56

The exchange rates displayed here is for reference only, and are subject to change as per market movements, final rates applicable will be the prevailing rates at the time of conversion unless mentioned.