The Bank has revised interest rates w.e.f. Thursday,12.08.2010 on Domestic Rupee Term Deposits or various periods as given below:-
DOMESTIC RUPEE TERM DEPOSITS
(% p.a)
|
Maturity |
For deposits less than Rs.15 lacs. |
For deposits of Rs.15 lacs and above but less than Rs.1Crore |
For deposits of Rs.1crore & above |
(Existing)
w.e.f.
19.7.10 |
(Revised)
w.e.f.
12.8.10 |
(Existing)
w.e.f.
17.5.10 |
(Revised)
w.e.f
12.8.10 |
(Existing)
w.e.f.
17-05-10 |
(Revised) w.e.f.
12-08-10 |
07 days to 14 days * |
2.50 |
2.50 |
2.50 |
2.50 |
2.50 |
2.50 |
15 days to 30 days |
2.75 |
2.75 |
2.75 |
2.75 |
3.00 |
2.75 |
31 days to 45 days |
3.00 |
3.00 |
3.00 |
3.00 |
3.00 |
3.00 |
46 days to 90 days |
4.00 |
4.00 |
4.00 |
4.00 |
3.50 |
4.00 |
91 days to 179 days |
4.75 |
5.50 |
4.75 |
5.50 |
3.50 |
5.50 |
180 days to 269 days |
5.50 |
6.00 |
5.50 |
6.00 |
4.50 |
6.00 |
270 days to 364 days |
5.75 |
6.00 |
5.75 |
6.00 |
5.00 |
6.00 |
1 Year to less than 2 Yrs |
6.50 |
7.00 |
6.50 |
7.00 |
6.00 |
7.00 |
2 Yrs to less than 3 Yrs |
6.75 |
7.25 |
6.75 |
7.25 |
6.00 |
7.25 |
3 Years to 5 years |
7.00 |
7.25 |
7.00 |
7.25 |
6.50 |
7.25 |
Above 5 years to less than 8 years |
7.00 |
7.00 |
7.00 |
7.00 |
6.50 |
7.00 |
8 years and above |
7.50 |
7.00 |
7.00 |
7.00 |
6.50 |
7.00 |
* Minimum Deposit Rs.1 lakh.
Effective Annualised Rate of Return (Indicative only)
|
Maturity |
For deposits less than Rs.15 lacs |
For deposits of Rs.15 lacs and above but less than Rs.1 Crore. |
For deposits of Rs.1 crore & above |
|
Rate of Interest
(%) p.a. |
Annualised Rate of Return at minimum of the maturity bucket % |
Rate of Interest
(%) p. a. |
Annualised Rate of Return at minimum of the maturity bucket % |
Rate of Interest
(%) p. a. |
Annualised Rate of Return at minimum of the maturity bucket % |
180 days to 269 days |
6.00 |
6.04 |
6.00 |
6.04 |
6.00 |
6.04 |
270 days to 364 days |
6.00 |
6.09 |
6.00 |
6.09 |
6.00 |
6.09 |
1 year to less than 2 years |
7.00 |
7.18 |
7.00 |
7.18 |
7.00 |
7.18 |
2 years to less than 3 years |
7.25 |
7.72 |
7.25 |
7.72 |
7.25 |
7.72 |
3 years to less than 4 years |
7.25 |
8.01 |
7.25 |
8.01 |
7.25 |
8.01 |
4 years to less than 5 Years |
7.25 |
8.32 |
7.00 |
7.99 |
7.00 |
7.99 |
5 years |
7.25 |
8.64 |
7.25 |
8.64 |
7.25 |
8.64 |
5 years 1day to less than 6years |
7.00 |
8.29 |
7.00 |
8.29 |
7.00 |
8.29 |
6 years to less than 7Years |
7.00 |
8.60 |
7.00 |
8.60 |
7.00 |
8.60 |
7years to less than 8 Years |
7.00 |
8.93 |
7.00 |
8.93 |
7.00 |
8.93 |
8years to less than 9 Years |
7.00 |
9.27 |
7.00 |
9.27 |
7.00 |
9.27 |
9years to less than 10 Years |
7.00 |
9.63 |
7.00 |
9.63 |
7.00 |
9.63 |
10years |
7.00 |
10.01 |
7.00 |
10.01 |
7.00 |
10.01 |
SENIOR CITIZENS: Senior Citizens will get 0.5% p.a. interest more than the card rates on their deposits of six months and above maturity on all term deposits of Rs. 5,000/- and above uniformally till further notice.
PREMATURE WITHDRAWAL : we have waived the penalty on Premature Withdrawal of all Domestic Rupee Term Deposits w.e.f. 01.12.2008 irrespective of date of deposit and amount.
The revised interest rates on Domestic Rupee Term Deposits will be applicable only for fresh deposits and all renewals w.e.f. 12.08.2010. |