Effective Date: March 27, 2025
Build-Up Deposit Schemes
| Product Tenure | Basic DPS | Premium DPS | Any Time Any Deposit | Reference Rate (Tenure Based Average Rate) |
|---|---|---|---|---|
| 12 Months | - | - | 10.15% | 10.56% |
| 24 Months | 9.55% | 9.60% | - | Not Available |
| 36 Months | 9.75% | 9.80% | - | 9.73% |
| 48 Months | 9.85% | 9.90% | - | Not Available |
| 60 Months | 10.05% | 10.10% | - | 9.83% |
| 72 Months | 10.15% | 10.20% | - | Not Available |
| 84 Months | 10.25% | 10.30% | - | Not Available |
| 96 Months | 10.35% | 10.40% | - | 10.56% |
| 108 Months | 10.45% | 10.50% | - | Not Available |
| 120 Months | 10.55% | 10.60% | - | 10.66% |
| 132 Months | 10.60% | 10.65% | - | Not Available |
| Months | % | % | % | % |
| 144 Months | 10.65% | 10.70% | - | 10.71% |
| 156 Months | 10.70% | 10.75% | - | Not Available |
| 168 Months | 10.75% | 10.80% | - | Not Available |
| 180 Months | 10.80% | 10.85% | - | 10.76% |
Insured Deposit Schemes
| Product Tenure | Insured Deposit Scheme(IDS) | Insured Easy Millionaire Scheme (IEMS) | Insured Millionaire Plus Scheme (IMPS) | Insured Education Support Scheme (IESS) |
|---|---|---|---|---|
| 24 Months | 9.55% | - | - | 9.55% |
| 36 Months | 9.75% | 9.75% | 9.80% | 9.75% |
| 48 Months | 9.85% | 9.85% | 9.90% | 9.85% |
| 60 Months | 10.05% | 10.05% | 10.10% | 10.05% |
| 72 Months | - | 10.15% | 10.20% | - |
| 84 Months | - | 10.25% | 10.30% | - |
| 96 Months | - | 10.35% | - | - |
| 108 Months | - | 10.45% | - | - |
| 120 Months | - | 10.55% | - | - |
| 135 Months | - | 10.60% | - | - |
Rate for Legacy Products/Schemes
| Product Tenure | Up to 24 Months | Above 24 Months |
|---|---|---|
| Quick Shanchoy (QS) | 10.10% | - |
| Quick Shanchoy Plus (QSP) | 10.15% | - |
| Shanchoy Scheme (SS) | 9.55% | 9.85% |
| Shanchoy Plus Scheme (SPS) | 9.55% | 9.85% |
| Easy Millionaire Scheme (EMS) | - | 10.20% |
| Millionaire Plus Scheme (MPS) | - | 10.20% |
| Samriddhi Scheme | 9.55% | 9.85% |
Premium rates for Build-Up Schemes shall be applied based on the total initial deposit (First Installment + Down Payment) as per the following categories.
Initial Deposit from 0.1 to 1 Million: Card Rate+0.05% Initial Deposit above 1 Million to 10 Million: Card Rate+0.25% Initial Deposit above 10 Million: Card Rate+0.35% Profit generated from the deposit shall be subject to applicable taxes, duties, and levies as per prevailing laws and regulations Encashment of any deposit is not permitted before three months, as per the applicable regulations of the Central Bank. Legacy rates shall apply only for managing freezed or inactive existing deposits (For cases where the account is reactivated In the event of premature encashment, the applicable rate shall be as per the prevailing premature encashment rate.