|
Interest Rates
- Deposit Schemes |
|
Savings
Bank A/c 3.50%
|
A.Revised
Deposit Rates for Public (Other than Senior Citizens)
With effect from 01/07/2008:
|
|
Duration
|
For single deposit of less than Rs. 15 lacs. |
For single deposit of Rs. 15 lacs & above and less thanRs. 1 Crore |
|
Rate of Interest
% p.a. |
Annualized yield at the start of the slab |
Rate of Interest
% p.a. |
Annualized yield at the start of the slab |
|
7
days to 14 days
|
5.00 |
5.00 |
5.10 |
5.10 |
|
15
days to 45 days
|
7.00 |
7.00 |
7.10 |
7.10 |
|
46
days to 90 days
|
8.00 |
8.00 |
8.10 |
8.10 |
|
91
days to 179 days
|
8.25 |
8.25 |
8.35 |
8.35 |
|
180
days to less than 1 year
|
8.75 |
8.84 |
8.85 |
8.94 |
|
1
year to less than 3 years
|
9.50 |
9.84 |
9.60 |
9.95 |
|
3
years to less than 5 years
|
9.50 |
10.84 |
9.60 |
10.97 |
|
5 years and up to 10 years |
9.25 |
11.59 |
9.35 |
11.75 |
No discretion to quote higher rates for deposits up to Rs. 1 crore on the above card rates. |
| B. Revised Deposit Rates for Senior Citizens (Public) with effect from 01/07/2008: |
|
Duration
|
For single deposit of less than Rs. 15 lacs. |
For single deposit of
Rs. 15 lacs & above and less than
Rs. 1.00 crore |
Rate of Interest
% p.a. |
Annualized yield at the start of the slab |
Rate of Interest
% p.a. |
Annualized yield at the start of the slab |
1 year to less than 3 years |
10.00 |
10.38 |
10.10 |
10.49 |
3 years to less than 5 years |
10.00 |
11.50 |
10.10 |
11.63 |
5 years and up to 10 years |
9.75 |
12.37 |
9.85 |
12.53 |
| c.For
single Domestic Deposit of Rupees 1 Crore and above please contact our Branch. |
|
| FCNR(B)
DEPOSITS : |
|
(Effective from 01.08.2008)
(Irrespective of size of deposit)
|
| Sr.
No. |
Maturity
Period |
USD
|
GBP
|
EURO
|
AUD
|
CAD
|
|
1) |
1
Year and above, but less than 2 years. |
2.50%
|
5.42%
|
4.62%
|
7.37%
|
3.10%
|
|
2)
|
2
Years and above, but less than 3 years.
|
2.75%
|
4.88%
|
4.29%
|
6.57%
|
2.67%
|
|
3)
|
3
Years and above, but less than 4 years.
|
3.11%
|
4.87%
|
4.25%
|
6.50%
|
2.86%
|
|
4)
|
4
Years and above, but less than 5 years.
|
3.34%
|
4.85%
|
4.22%
|
6.52%
|
2.99%
|
|
5)
|
5
Years only.
|
3.49%
|
4.81%
|
4.19%
|
6.49%
|
3.10%
|
|
| NRE
RUPEE TERM DEPOSITS: |
|
Maturity Period |
Revised
interest rate w.e.f .01.08.2008
(Irrespective
of size of deposit)
|
|
1
Year to less than 2 years
|
3.25%
|
|
2
Years to less than 3 years
|
3.50%
|
|
3
Years to less than 4 years
|
3.86%
|
|
4
Years to less than 5 years
|
3.86%
|
|
5
Years only
|
3.86%
|
|
| NRE
SAVINGS BANK DEPOSITS: |
|
|
Period |
Rate |
|
FROM 18th NOVEMBER, 2005 ONWARDS* |
3.50% |
*AS
PER DOMESTIC SB INTEREST RATES |
