Deposits under the GRUH Quarterly Income Plan are accepted in multiples of 1000/- for a term ranging from 12 to 120 months. Advance quarterly interest warrants for interest are given for each financial year. The interest warrants are dated 1st July, 1st October, 1st January & 31st March. The minimum amount under this scheme is 2,000/-..

New Deposit Rates Effective October 18, 2018

Term in Months ROI (% p.a.) TDS Free Limits ()
Normal Sr. Citizen
12-24 7.50% 66,000 64,000
25-60 7.75% 64,000 62,000
61-120 8.00% 62,000 60,000

Minimum Amount in Rupees : 2,000/-

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