APGB

Interest Rates on Domestic Term Deposits w.e.f 01.01.2024

S. No.	Period of Deposits	Deposits (below Rs.1.00 Crore)
		General		Senior Citizens (age above 60 years)		Super Senior Citizens (age above 80 years)
		Interest Rate (% p.a.)	*Annualised Yield (%p.a.)	Interest Rate (% p.a.)	*Annualised Yield (%p.a.)	Interest Rate (% p.a.)	*Annualised Yield (%p.a.)
1	7 days to 14 days	4.00	4.06	---	---	---	---
2	15 days to 29 days	4.00	4.06	---	---	---	---
3	30 days to 45 days	4.00	4.06	---	---	---	---
4	46 days to 60 days	5.25	5.35	---	---	---	---
5	61 days to 90 days	5.25	5.35	---	---	---	---
6	91 days to 119 days	5.50	5.61	---	---	---	---
7	120 days to 179 days	5.50	5.61	---	---	---	---
8	180 days	6.20	6.35	---	---	---	---
9	181 days to 270 days	6.20	6.35	6.70	6.87	6.95	7.13
10	271 days to 364 days	6.30	6.45	6.80	6.98	7.05	7.24
11	1 year exact	7.10	7.29	7.60	7.82	7.85	8.08
12	Above 1 year & less than 2 years	7.15	7.34	7.65	7.87	7.90	8.14
13	2 years & less than 3 years	7.15	7.34	7.65	7.87	7.90	8.14
14	3 years & up to 5 years	7.00	7.19	7.60	7.82	7.75	7.98
15	Above 5 years & up to 10 years	6.75	6.92	7.35	7.56	7.50	7.71
16	Kuber – 444 Days - Women	7.55	7.77	8.05	8.30	8.30	8.56
17	Kuber – 444 days - Others	7.50	7.71	8.00	8.24	8.25	8.51

*Conditions apply

Note:

For Deposits of ? 1 Crore and above, Bank offers Rate of Interest on case to case basis.
Additional interest rate of 0.50% for Senior Citizens is available for Domestic Term Deposits of below ?1 Cr and with tenor of 181 Days and above but less than 3 years.
Additional interest of 0.60% for Senior Citizens is available for Domestic Term Deposits of below Rs.1 Cr and with tenor of 3 years and above.
Additional interest of 0.75% for Super Senior Citizens is available for Domestic Term Deposits below Rs.1 Cr and with tenor of 181 days and above.
Interest rate of 7.00% will be applicable to the Pragathi Tax Saver Deposit scheme. (where IT exemption up to Rs.1.50 lakh is available under Section 80-CC of IT Act).
The above Rate of interests are also applicable to Recurring deposits
In respect of Pragathi Lakshadhikari Scheme, the monthly instalment for a period of 63 months is 1325/-.

Deposit Interest rates on NRE Term Deposits

Period	Revised Interest rates (% PA) w.e.f. 01.01.2024
	Below Rs.1 Crore
	Interest Rate (%p.a.)	Annualised Yield (% p.a.)
1 year exact	7.10	7.29
Above 1 year and less than 2 years	7.15	7.34
2 years and less than 3 years	7.15	7.34
3 years and upto 5 years	7.00	7.19
Above 5 years and upto 10 years	6.75	6.92

“Pragathi Kuber – 444” – Special Deposit Product valid till 31.03.2024

Rate of Interest – 444 days	7.50 % p.a. for General Public
	7.55 % p.a. for Women General Public
	8.00 % p.a. for Senior Citizens
	8.05 % p.a. for Women Senior Citizens
	8.25 % p.a. for Super Senior Citizens
	8.30 % p.a. for Women Super Senior Citizens