| Interest payable, Rates, Periodicity etc. | Minimum Amount for opening of account and maximum balance that can be retained |
|---|---|
| From 01.04.2020 , interest rates are as follows:- 7.4% per annum, payable from the date of deposit of 31st March/30th Sept/31st December in the first instance & thereafter, interest shall be payable on 31st March, 30th June, 30th Sept and 31st December. | There shall be only one deposit in the account in multiple of INR.1000/- maximum not exceeding INR 15 lakh. |