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 - May 2021: For that indicator, we provide data for India from March 2013 to May 2021. The average value for India during that period was 7.32 percent with a minimum of 5.32 percent in May 2021 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
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Measure: percent
Source: Central Bank of India
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.