--- Deposit Scheme - II ---
MONEY MULTIPLIER SCHEME (MMS)
(w.e.f 24-Aug-2026)
(Under this scheme, the interest is compounded quarterly at the appropriate rate of interest and paid on maturity together with the principal)
| Public (Normal) | ||
|---|---|---|
| Period (Months) | Basic Rate p.a (%) | Effective Yield p.a (%) |
| 12 | 7.55 | 7.77 |
| 24 | 7.65 | 8.18 |
| 36 | 7.75 | 8.63 |
| 48 | 7.85 | 9.12 |
| 60 | 8.00 | 9.72 |
| Public (Sr.Citizen Age 60 Years and above) | ||
|---|---|---|
| Period (Months) | Basic Rate p.a (%) | Effective Yield p.a (%) |
| 12 | 7.70 | 7.93 |
| 24 | 7.80 | 8.35 |
| 36 | 7.95 | 8.88 |
| 48 | 8.20 | 9.59 |
| 60 | 8.50 | 10.46 |
| Others (Non-Individual / Institutions) | ||
|---|---|---|
| Period (Months) | Basic Rate p.a (%) | Effective Yield p.a (%) |
| 12 | 6.80 | 6.98 |
| 24 | 6.90 | 7.33 |
| 36 | 6.70 | 7.35 |
| 48 | 6.70 | 7.61 |
| 60 | 6.70 | 7.88 |