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Interest Rates

Public Deposit Scheme

Interest rates effective from 15/04/2019 on deposits below ₹ 20 CRORES

TERM INTEREST RATE P.A. INTEREST RATE P.A. ₹ 10,000/- WILL BECOME
  Monthly Option for Non-Cumulative Deposits Yearly Option for Cumulative & Non-Cumulative Deposits. Cumulative Scheme
1 YEAR 7.80% 8.15% ₹ 10,815/-
18 MONTHS 7.80% 8.15% ₹ 11,256/-
2 YEAR 7.85% 8.20% ₹ 11,707/-
3 YEAR 7.90% 8.25% ₹ 12,685/-
5 YEAR 8.00% 8.30% ₹ 14,898/-
Other Details : Monthly Option Yearly Option
Minimum Amount of Deposit ₹ 2,00,000/- ₹ 10,000/-
Additional Deposit in multiples of ₹ 10,000/- ₹ 1,000/-
Interest will be paid on Non-Cumulative Scheme 1st day of the Month & on 31st March for the month of March On 31st March.
Interest will be compounded -- Annually on Cumulative Deposits

Interest rates effective from 15/04/2019 on deposits ₹ 20 CRORES & above

TERM INTEREST RATE P.A. INTEREST RATE P.A. ₹ 20 CRORES WILL BECOME
  Monthly Option for Non Cumulative Deposits. Yearly Option for Cumulative & Non Cumulative Deposits Cumulative Scheme
1 YEAR 7.90% 8.30% ₹ 21,66,00,000/-
18 MONTHS 7.90% 8.30% ₹ 22,55,88,900/-
2 YEAR 8.00% 8.40% ₹ 23,50,11,200/-
3 YEAR 8.00% 8.40% ₹ 25,47,52,141/-
5 YEAR 8.05% 8.50% ₹ 30,07,31,338/-

Interest rates are subject to change and rate applicable will be the rate prevalent on the date of credit of cheque/Transfer in company's Bank Account.


Corporate Deposit Scheme

Interest rates effective from 05.11.2018 on deposits below ₹ 20 CRORES*

Cumulative / Non - Cumulative scheme

TERM INTEREST RATE P.A. ₹ 10,000/- WILL BECOME
(cumulative scheme)
1 YEAR 8.15% ₹ 10,815/-
18 MONTHS 8.15% ₹ 11,256/-
2 YEARS 8.20% ₹ 11,707/-
3 YEARS 8.25% ₹ 12,685/-
5 YEARS 8.30% ₹ 14,898/-

Under Non-Cumulative Deposit Scheme, Interest will be payable on 31st March & under Cumulative Deposit Scheme, interest will be compounded annually

Designed and Developed by LICHFL