India: Deposit interest rate

(measure: percent, source: Central Bank of India)

* indicates monthly or quarterly data series

Bank deposit interest rate, percent in India, March 2013 - January 2022:

For that indicator, we provide data for India from March 2013 to January 2022. The average value for India during that period was 7.15 percent with a minimum of 5.03 percent in January 2022 and a maximum of 8.91 percent in September 2013. Click on the following link to see the values of Bank deposit interest rate, percent around the world.

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* indicates monthly or quarterly data series

Recent values

Longer historical series

Measure: percent
Source: Central Bank of India

Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.