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H.O: Green Belt, Gandhi nagar, Jammu.

   
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Interest Rates

 

Interest rates from 04.06.2010

The interest rates on Term Deposit have been revised with effect from 04.06.2010 as per followings:-

S.No. Period

Revised Rate of Interest per annum

Deposits of less than Rs.15.00 lacs

Single Deposits of Rs.15.00 lacs and above

1

7 days to 30 days

2.75% 0.0
2

31 days to 45 days

3.00% 0.0
3

46 days to 90 days

3.50% 5.25%
4

91 days to 180 days

4.75% 6.25%
5

181 days to less than 1 year

5.75% 7.25%
6

1 year to less than 2 years

6.75% 7.25%
7

2 years to less than 2 years

7.00% 7.50%
7

3 years and above

7.25% 7.50%
8

Pre-mature withdrawal (penalty)

0.50%  
 

1) The senior citizens (60 years and above) will continue to attract additional interest of 0.50% for term deposits across all maturities.

2)The staff/Ex-employee of the Bank shall get 0.50% more interest on their deposits.

 

The revised rate of interest as specified above shall be applicable on fresh as well as renewal of term deposits with effect from 04.06.2010.

 

Click Here for Interest rates from 07-01-2010

   

   
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