For deposits upto Rs 15 lakhs, the rate is 5.25 per cent in the 15-30 days category, 7.50 per cent for 31-45 days, 7.75 per cent for 46-90 days, 8.75 per cent for 91-180 days, 9.50 per cent for 181 days-1 year, 10.50 per cent for 1 year to one and a half-years; and 10 per cent for 1 and a half years to three years and three years to five years.

For deposits between Rs 15 lakhs and Rs 1 crore, the rate is 6.25 per cent in the 15-30 days category, 8 per cent for 31-45 days, 8.25 per cent for 46-90 days, 9 per cent for 91-180 days, 9.60 per cent for 181 days-1 year, 10.50 per cent for one year to one and a half years and 10 per cent for one and a half years to three years and three years to five years.

For deposits upto Rs 1 crore and Rs 2 crore, the rate is 7.25 per cent in the 15-30 days category, 8.50 per cent for 31-45 days, 8.75 per cent for 46-90 days, 9.50 per cent for 91-180 days, 9.75 per cent for 181 days to 1 year, 10.50 per cent for one year to one and a half years, and 10 per cent for 1 and a half years to three years and three years to five years. Banks have started revising their interest rates as a consequence of changes in the bank rate and the cash reserve ratio (CRR), which were announced by the Reserve Bank of India (RBI) last week. The RBI had cut the bank rate by 50 basis points from 8 per cent to 7.5 per cent and the CRR by 50 basis points from 8.5 per cent to 8 per cent in two stages.