Deposits under the GRUH Cumulative Growth Plan are accepted in multiples of 1000/- for a term ranging from 12 to 120 months. The interest is compounded annually and the interest payment is made on the maturity date for the entire period. The minimum amount under this scheme is 1,000/-. However, in case of renewal of a deposit, the entire maturity value can be considered for renewal of deposit.

New Deposit Rates Effective May 25, 2017

Term in Months ROI (% p.a.) TDS Free Limits
Normal Sr. Citizen
12 7.25% 68,000 66,000
13-23 7.25% 64,000 62,000
24-35 7.25% 64,000 62,000
36-47 7.25% 59,000 57,000
48-60 7.25% 55,000 53,000
61-71 7.00% 54,000 52,000
72-83 7.00% 50,000 48,000
84-95 7.00% 47,000 45,000
96-107 7.00% 44,000 42,000
108-119 7.00% 41,000 39,000
120 7.00% 38,000 36,000

Minimum Amount in Rupees : 1000/-

0.25% additional on Deposits received from Senior Citizens (60 years and above), Trust Depositors & GRUHINIs

In case of Cumulative Grow Plan, Interest will be Compounded Annually on 31st March and payable on maturity.