Interest is calculated for each calender month on the lowest balance at credit,Subject to maximum of Rs.50,000/- of account between the 10th and last day of month and the same will be credited to the principal amount on the 30th September and 31st March of every year.
The rate of interest is 2% above the rate of interest payable on savings bank account by nationalized banks.
At present Rate is 4.20% Per Annum.