The correct answer is Rs. 1 crore and Above. According to RBI guidelines, the term œBulk Deposit is used for a single Rupee Term Deposit of Rs. 1 crore and above. Getty Images RBI also proposed that banks would maintain their bulk deposit interest rate cards in the core banking system for supervisory review. However, in 2016 RBI has increased this limit from 1 crore to 2 crores. Now, "Bulk Deposit means:Single Rupee term deposits of Rupees two crore and above for Scheduled Commercial Banks (excluding Regional Rural banks) and Small Finance Banks. Single Rupee term deposits of Rupees fifteen lakhs and above for RRBs. Additional InformationPresent Governor of RBI - Shaktikanta DasThe head office of RBI is in Mumbai. RBI has four zonal offices in Mumbai, Kolkata, Delhi, and Chennai. RBI has 19 regional offices.