PIPS Schemes
Period Interest Payment Scheme (PIPS)
Under PIPS, Interest is paid either
(a) monthly or (b) quarterly or (c) annually, and the
minimum amount of deposit accepted is Rs.50,000/-.
Interest Rates
REVISED RATES OF INTEREST W.E.F.18.01.2021
SCHEME – I PERIODIC INTEREST PAYMENT SCHEME Minimum Deposit Rs. 50000/- |
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Others | Senior Citizen | |||||||
Period (Months) | Monthly (%) | Quarterly (%) | Annually (%) | Monthly (%) | Quarterly (%) | Annually (%) | ||
24 | - | 7.25% | - | - | 7.50% | - | ||
36,48 & | 7.75% | 7.75% | 7.98% | 8.25% | 8.25% | 8.51% | ||
60 | 8.00% | 8.00% | 8.24% | 8.50% | 8.50% | 8.77% |
Downloads
Terms Of Deposit
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