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Interest Rates

Deposits

Domestic, NRO & NRE Savings Account w.e.f. July 13th, 2026

Balance Range

Rate of Interest (% p.a.)
General

Up to 1 Lacs

2.50%

Above 1 Lac to 5 Lacs

3.25%

Above 5 Lacs to 10 Lacs

3.50%

Above 10 Lacs to 10 Crore

7.00%

Note:

  • For rates on amount above Rs. 10 Crore, please contact the nearest Shivalik Small Finance Bank branch.
  • Savings Bank Account interest is calculated daily on the daily closing balance in the Account, at the rate specified by Shivalik Small Finance Bank in accordance with Reserve Bank of India directives. The interest amount calculated is rounded off to the nearest rupee.
  • Interest is paid at every calendar quarter on 30th June, 30th September, 31st December and 31st March.

Fixed Deposits Rates (With Premature-Withdrawal Facility)w.e.f. June 17th, 2026

Tenure Bucket
General Senior Citizen

7 days to 14 days

3.50%

4.00%

15 days to 29 days

3.75%

4.25%

30 days to 90 days

4.25%

4.75%

91 days to 180 days

4.75%

5.25%

6 months to less than 9 months

6.00%

6.50%

9 months to 12 months

6.00%

6.50%

12 months 1 day to less than 18 months

6.75%

7.25%

18 months to 23 months

7.50%

8.00%

23 months 1 day to 27 months

8.00%

8.50%

27 months 1 day to 36 months

7.50%

8.00%

36 months 1 day to 60 months

6.25%

6.75%

60 months 1 day to 120 months

6.25%

6.75%

Tax saver FD 5 Years (60 months)

6.25%

6.75%

For interest rates of Rs.3 Crore and above, please contact the nearest Shivalik Small Finance Bank Branch

Non-Callable Fixed Deposits Rates (Without Premature-Withdrawal Facility) w.e.f. June 17th, 2026

Tenure Bucket
General Senior Citizen

7 days to 14 days

3.55%

4.05%

15 days to 29 days

3.80%

4.30%

30 days to 90 days

4.30%

4.80%

91 days to 180 days

4.80%

5.30%

6 months to less than 9 months

6.05%

6.55%

9 months to 12 months

6.05%

6.55%

12 months 1 day to 18 months

6.80%

7.30%

18 months to 23 months

7.55%

8.05%

23 months 1 day to 27 months

8.05%

8.55%

27 months 1 day to 36 months

7.55%

8.05%

36 months 1 day to 60 months

6.30%

6.80%

60 months 1 day to 120 months

6.30%

6.80%

For interest rates of Rs.3 Crore and above, please contact the nearest Shivalik Small Finance Bank Branch

Recurring/Flexi Recurring Deposit Ratesw.e.f. June 17th, 2026

Tenure Bucket
General Senior Citizen

6 months to 8 months

6.00%

6.50%

9 months to 12 months

6.00%

6.50%

13 months to 17 months

6.75%

7.25%

18 months to 23 months

7.50%

8.00%

24 months to 27 months

8.00%

8.50%

28 months to 36 months

7.50%

8.00%

37 months to 60 months

6.25%

6.75%

Note:

  • Interest rates are subject to change from time to time. Deposit will be booked upon availability of clear funds with the bank at applicable interest rate as on the date of receipt of the funds by the bank.
  • The maximum aggregate amount that can be invested in the Tax Savings Fixed Deposit (u/s 80C of In-come Tax Act) under a single PAN is Rs. 150,000 during a financial year. The default tenure is 60 months (5 years) and it cannot be closed prematurely.
  • The revised rates are applicable for fresh Fixed Deposits and renewal of existing Fixed Deposits.
  • The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e.,366 days in a leap year & 365 days in a non-leap year.
  • No Interest would be payable if the depositor withdraws the Fixed Deposit amount within 7 days from the date of deposits(For Domestic & NRO Deposits).
  • For NRE Deposit - Minimun tenure will have to be 12 months (1 year).No interest will be paid if depositor withdraws it before completion of 12 months(1 year) from the date of deposit.
  • For Fixed Deposits with tenure up to 180 days, interest will be calculated at maturity as simple interest.
  • In Recurring Flexi Deposit, customers can do top up of minimum Rs 100 and up to 10 times of initial funding with maximum capping of Rs 100000.
  • The incentive for Senior Citizens will be an additional spread of 0.5% over the above card rates.This is not applicable for NRE & NRO Deposits.
  • For Senior Citizen age of first applicant should be 60 years or above (HUF cannot avail Senior citizen benefits).
  • Please note that premature payment will attract 1% penalty on the interest earned during the period, for which the deposit has been kept with the bank and not at contracted rate.
  • Interest earned will be subject to Tax Deducted at Source as per Income Tax Laws
  • For interest rates of Rs.3 Crore and above, please contact the Branch
  • Outside Fund transfer including credit via IMPS/NEFT/Clearing cheques are not allowed in RFD account
  • Fixed Deposit(Without Premature facility), Tax-Saver Deposit and Recurring/Flexi Recurring Deposit are currently not available for NRE/NRO Deposit type

NON-RESIDENT EXTERNAL (NRE) DEPOSITS

Fixed Deposits Rates (With Premature-Withdrawal Facility) w.e.f July 13th, 2026


Tenure Bucket
Rates

12 months

6.00%

12 months 1 day to less than 18 month

6.75%

18 months to 23 months

7.50%

23 months 1 day to 27 months

8.00%

27 months 1 day to 36 month

7.50%

36 months 1 day to 37 month

8.10%

37 months 1 day to 60 month

6.25%

60 months 1 day to 120 months

6.25%


NON-RESIDENT ORDINARY (NRO) DEPOSITS

Fixed Deposits Rates (With Premature-Withdrawal Facility) w.e.f June 17th, 2026

Tenure Bucket
Rates

7 days to 14 days

3.50%

15 days to 29 days

3.75%

30 days to 90 days

4.25%

91 days to 180 days

4.75%

6 months to less than 9 months

6.00%

9 months to 12 months

6.00%

12 months 1 day to less than 18 months

6.75%

18 months to 23 months

7.50%

23 months 1 day to 27 months

8.00%

27 months 1 day to 36 month

7.50%

36 months 1 day to 60 months

6.25%

60 months 1 day to 120 months

6.25%

Note:

  • For NRO Deposits, no Interest would be payable if the depositor withdraws the Fixed Deposit amount within 7 days from the date of deposits.
  • For NRE Deposit – Minimum tenure will have to be 12 months (1 year). No interest will be paid if depositor withdraws it before completion of 12 months (1 year) from the date of deposit.
  • For Fixed Deposits with tenure up to 180 days, interest will be calculated at maturity as simple interest.
  • Please note that premature withdrawal of deposit will attract 1% penalty on the interest earned during the period, for which the deposit has been kept with the bank and not at contracted rate.
  • Interest earned will be subject to Tax Deducted at Source as per Income Tax Laws.
  • Interest rates are subject to change from time to time. Deposit will be booked upon availability of clear funds with the bank at applicable interest rate as on the date of receipt of the funds by the bank.
  • The Bank computes interest based on the actual number of days in a year. In case, the Deposit is spread over a leap and a non-leap year, the interest is calculated based on the number of days i.e., 366 days in a leap year & 365 days in a non-leap year.
  • The revised rates are applicable for fresh Fixed Deposits and renewal of existing Fixed Deposits.

Annual Percentage Rate

The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and processing fee.
To calculate the same, please click here to download the APR calculator.

Mean Interest Rates for Loan Product (Apr 27 - June 27)

Product Group Interest Rate Range Mean ROI

Agriculture Loan

10.50%-24%

14.40%

Commercial Vehicle

14.25%-26%

20.91%

Gold Loan

9.5%-24%

13.02%

Housing Loan

7.7%-16%

10.01%

Loan Against Property

8.95%-18%

10.95%

Overdraft Against Property

8.5%-14%

10.21%

Micro Loan Against Property

14%-24%

17.85%

Microfinance

26%-27%

26.80%

Vehicle

9.50%-9.50%

9.50%

External Benchmark Lending Rate w.e.f. January 1st, 2026

External Benchmark Lending Rate (EBLR)

5.25% + Spread

Note:

    • The external benchmark used in the EBLR is the RBI Policy Repo Rate (RBIPRR) which may be subject to change by the Reserve Bank of India.
    • All applicable loans disbursed post 26 April 2021 are under the EBLR framework.
    • EBLR would be subject to change by the bank based on changes to the external benchmark and the spread from time to time.

Minimum Lending Rate w.e.f. March 1st, 2025

Minimum Lending Rate (MLR)

10.45%
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