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

SPECIAL DEPOSIT SCHEMES – QUARTERLY PLAN
 
New Deposit Rates Effective November 5, 2018
(For Deposits beginning Rs. 3.00 crore and above)

Term in Months ROI (% p.a.)
12-24 8.00%
25-60 8.25%
61-120 8.50%

Kindly note that above mentioned card rates on Special Deposit Scheme will be applicable for all category of depositors including, Trusts, Sr. Citizen and GRUHINI Depositors. There will not be any additional / special rate for any category of Depositors.