Effective from 13^th June 2025

*NRE deposit rates are for tenors 1 year and above

*Kindly contact your RM/Branch Manager for Term Deposits for INR 3 Crore and above

Premature withdrawal of Term Deposit (less than INR 3 crore)

• Premature withdrawal penalty of 1% will apply
• Interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit or the withdrawn amount remained with the bank or at the contracted rate, whichever is lower after deducting applicable penal charge for premature withdrawal as per Terms & Conditions of the bank
• No interest will be paid on deposits that remain with the bank for less than the minimum period for which the deposits were accepted depending on the type of deposit
• TDS once applied (where applicable) shall not be reversed or adjusted on any pre‐mature closure / part closure of deposits or on submission of a reduced TDS rate application

Effective from 13^th June 2025

*NRE deposit rates are for tenors 1 year and above
*Kindly contact your RM/Branch Manager for Term Deposits for INR 3 Crore and above

Premature withdrawal of Term Deposit (less than INR 3 crore)

• Premature withdrawal penalty of 1% will apply
• Interest will be paid at the rate prevailing on the date of deposit for the tenure the deposit or the withdrawn amount remained with the bank or at the contracted rate, whichever is lower after deducting applicable penal charge for premature withdrawal as per Terms & Conditions of the bank.
• No interest will be paid on deposits that remain with the bank for less than the minimum period for which the deposits were accepted depending on the type of deposit.
• TDS once applied (where applicable) shall not be reversed or adjusted on any pre‐mature closure / part closure of deposits or on submission of a reduced TDS rate application. At present TDS is not applicable to NRE Deposits.

Tenure	<= USD 100,000 Rate (% p.a.)
>=12m to <=13m	4.60%
>13m to <=24m	4.25%
>24m to <=36m	4.15%

For amounts > USD 100,000 (or equiv.) kindly contact your RM / Branch Manager.

Effective from 02^nd June 2025

Effective from 31^st March 2023

Tenure	Rate of Interest
Overnight	6.45%
1 month	6.45%
3 months	7.20%
6 months	7.20%
12 months	7.20%

Effective from 1^st June 2025

FBIL published 3 months T Bill rates		Min Range	Max Range
Benchmark approved by ALCO	3 months T-Bill	5.64%	5.64%
Spreads over EXTERNAL BENCHMARK		1.66%	6.66%

Effective from 1^st June 2025