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Deposit Interest Rates

get best interest rates on all domestic deposits and savings
Deposit Interest Rates - get best interest rates on all domestic deposits and savings

TMB has been consistently offering higher rates of interest since the last many years for the benefit of its depositors since its cost of operations are low compared to other banks. The rates are split for different segments to offer the highest rate of interest possible. Apart from the Regular Domestic Deposits, we have special rates for High Value Deposits as well as even higher interest rates for Senior Citizens of India.


Regular Domestic / NRO Term Deposits:

Regular Domestic / NRO Deposits
Period / Amount (Rs.)
Interest Rate (p.a.)
Less than
25 Lakhs
More than
25 Lakhs
  • Savings Account Interest Rate offered is 3.5%.
  • Above Interest Rates applicable from Feb 19, 2010.
Above 5 years7.50%7.50%
3 year - 5 years8.00%8.00%
2 year - < 3 years7.50%7.50%
1 year - < 2 years7.25%7.25%
181 day - < 12 month6.50%6.50%
91 - 180 days5.75%5.75%
46 - 90 days4.00%4.00%
15 - 45 days3.00%3.00%

High Value Domestic Term Deposits:

For all High Value Deposits of Rs. 1 crore and above, please contact your nearest TMB branch.

Senior Citizen's Domestic Term Deposits:

Senior Citizens Domestic Deposits
Period / Amount (Rs.)
Interest Rate (p.a.)
Less than
25 Lakhs
More than
25 Lakhs
  • Above Interest Rates applicable from Feb 19, 2010.
Above 5 years8.00%8.00%
3 year - 5 years8.50%8.50%
2 year - < 3 years8.00%8.00%
1 year - < 2 years7.75%7.75%
181 day - < 12 month6.50%6.50%
91 - 180 days5.75%5.75%
46 - 90 days4.00%4.00%
15 - 45 days3.00%3.00%

Please note that Interest Rates are subject to change without notice as per the market trends and the bank's decision in this regards is final.

Preclosure Penalty for all Deposit Schemes:

  • No interest shall be paid on premature withdrawal of deposits upto 14 days from the date of deposit / renewal.
  • If the depositor opts for premature withdrawal 1% penal interest shall be charged on the rate applicable for the period for which the deposit remained with the bank.