| 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:- 7.1 % per annum (compounded yearly). | Minimum INR. 500/- Maximum INR. 1,50,000/- in a financial year. Deposits can be made in lump-sum or in installments. |