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Interest Rates |
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Interest rates from
07-01-2010 |
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The interest rates on Term Deposit have been revised with immediate effect
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 45
days |
2.50% |
0.0 |
|
2 |
46 days to 90
days |
3.50% |
0.0 |
|
3 |
91 days to
180 days |
5.00% |
5.25% |
|
4 |
181 days to
less than 1 year |
6.00% |
6.25% |
|
5 |
1 year to less than 2 years |
7.00% |
7.25% |
|
6 |
2 years to less than 3 years |
7.25% |
7.25% |
|
7 |
3 years
and above |
7.50% |
7.50% |
| 8 |
Pre-mature
withdrawal (penalty) |
0.75% |
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1) The senior citizens (60 years and above) will continue to attract additional interest of 0.50% for term deposits across all maturities. |
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2) The staff/Ex-employee of the Bank shall get 0.50% more interest on their deposits.
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The revised rate of interest as specified above shall be applicable on fresh as well as renewal of term deposits with immediate effect. |
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Click Here for Interest rates from
16-10-2009 |
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