Page Title

Interest Rates on Deposit w.e.f. 27-07-2023

Sr. No.

Particulars

Interest Rates

1

Saving Deposit for Societies

3.50%

2

Saving Deposit for Others

3.50%

FIX DEPOSITS

Interest Rates

(1)

07 days to 14 days

3.50%

(2)

15 days to 30 days

3.70%

(3)

31 days to 45 days

3.75%

(4)

46 days to 89 days

4.50%

(5)

90 days to 179 days

4.75%

(6)

180 days to 270 days

5.70%

(7)

271 days to 364 days

5.90%

(8)

1 year and above to under 2 years

7.50%

(9)

2 years and above to 3 years

7.60%

(10)

3 years and above to 5 years

7.60%

FIX DEPOSITS

Monthly

Quarterly

Half Yearly

Interest Rates

Interest Rates

Interest Rates

 (a)

1 year and above Up to 2 years

7.35

7.35

7.40

 (b)

2 year and above Up to 5 years

7.40

7.40

7.45

3

Cash Certificate (96 Months)

for Senior Citizen

for Others

 (a)

Initial Investment of Rs.100 after 96 months

Rs. 189.94

Rs. 182.63

4

BANAS LAXMI CASH CERTIFICATE

YEARS

Receivable Amount

(a)

Initial Investment of RS.12,100

10 Years

Rs. 25066.55

(b)

Initial Investment of RS. 24,200

10 Years

Rs. 50133.10

5

RECURRING DEPOSIT (MULTIPLE OF RS.100)

 Interest Rate

Receivable Amount

(a)

 Rs.100.00 monthly investment for 12 months

 7.50%

RS. 1249

(b)

 Rs.100.00 monthly investment for 24 months

 7.60%

RS. 2598

(c)

 Rs.100.00 monthly investment for 36 months

 7.60%

RS. 4051

(d)

 Rs.100.00 monthly investment for 48 months

 7.60%

RS. 5618

(e)

 Rs.100.00 monthly investment for 60 months

 7.60%

RS. 7308

6               BANAS AMRUT CASH CERTIFICATE

FIX DEPOSITS

YEAR

Receivable Amount

(1)

Rs.1,00,000

5 YEARS

Rs.1,44,995

7

BANAS GOLD FIX DEPOSIT

AMOUNT

    YEAR

INTEREST RATE

(1)

Rs. 10 Lakh and above

1 year and above to under 2 years

8.00%

(2)

Rs. 10 Lakh and above

2 year and above to under 3 years

8.10%

***

NOTE-

1.

Additional interest rate of 0.50% will be applicable to senior citizen

2.

The above rates are subject to revision from time to time.

3.

Customers may contact the nearest branch of Banas Bank for more details.