Term Deposits (W.E.F. 16.11.2009) |
Maturity Range |
Interest Rate(%p.a.) |
7 days to 14 days |
0.00 |
15 days to 45 days |
3.75 |
46 days to 90 days |
4.50 |
91 days to 180 days |
5.50 |
181 days to less than 1 year |
6.25 |
1year |
6.50 |
More than 1 year to less than 2 Years |
6.75 |
2 years to less than 3 Years |
7.00 |
3 years |
7.00 |
More than 3 year to less than 5 years |
7.00 |
5 years to less than 8 years |
7.00 |
8 years to 10 years |
7.00 |
|
|
Savings Deposits |
Interest Rate (% p.a.) |
Savings Account |
3.50 |
|
|
Note: |
1. Rate quoted are subject to change without notice.
2. The revised rates are applicable for fresh deposits and renewal of old deposits.
Additional interest of 0.50 % is paid on all maturities for Term Deposits of Senior Citizens
Subject to:
- Minimum (Initial) deposit amount is Rs.10,000/-.
- Deposit period is minimum 1 year
- Former depositor is senior citizen.
|
|
| |
| Interest rates on NRE Term Deposits (Effective from 01.06.2010 to 30.6.2010) |
| |
Period |
Rate |
1 year and more but less than 2 years |
2.95 % |
2 years and more but less than 3 years |
3.00 % |
3 years and more but maximum 5 years |
3.47 % |
|
| |
NRE Saving Bank Accounts |
3.50 % |
|
