|
Interest Rates |
| |
|
Interest rates from
15-02-2011 |
|
The interest rates on Term Deposit have been revised w.e.f. 15.02.2011 as per followings:- |
|
S.No |
Period |
Revised |
| |
|
Rate of
Interest p.a. |
|
1 |
7 days to 30
days |
4.00% |
|
2 |
31 days to 45
days |
4.50% |
|
3 |
46 days to 90
days |
5.00% |
|
4 |
91 days to
180 days |
6.00% |
|
5 |
181 days to
less than one year |
7.50% |
|
5 |
1 year to 549 days |
8.50% |
|
6 |
550 days |
9.00% |
|
7 |
551 days to less than 2 years |
8.50% |
|
7 |
2 years to less than 5 years |
8.50% |
|
7 |
5 years to 10 years |
8.50% |
| |
Pre-mature
withdrawal (penalty) |
0.50% |
|
| |
|
1) The Senior Citizens (60 years and above) shall get 0.5% more
interest on their Deposit.
|
|
2) The staff /Ex-Employee of the Bank shall get 0. 5% more interest
on their deposits.
|
The revised rate of interest as specified above shall be applicable on fresh domestic term deposits and renewal of deposits w.e.f. 15.02.2011 |
| |
|
Interest rates from
04-04-2009 |
|
The Interest Rats on Term
Deposit have been got revised with immediate effect as per
following:- |
|
S.No |
Period |
Revised |
| |
|
Rate of
Interest p.a. |
|
1 |
7 days to 14
days |
4.00% |
|
2 |
15 days to 60
days |
4.25% |
|
3 |
61 days to 90
days |
5.25% |
|
4 |
91 days to
180 days |
6.75% |
|
5 |
181 days to
less than one year |
7.75% |
|
5 |
1 year to
less than 2
years |
8.75% |
|
6 |
2 years to
less than 5
years |
8.50% |
|
7 |
5 years and
Above |
8.25% |
| |
Pre-mature
withdrawal (penalty) |
0.50% |
|
| |
|
Deposits of Senior Citizens |
|
1 year
and less than 3 years |
+ 0.25% |
|
3 years and Above |
+ 0.50% |
|
| |
|
The revised rate of
interest as specified above shall be applicable on fresh
domestic term deposits and renewal of deposits with
immediate effect. |
|
1) The staff of the bank shall get 1% more interest on their
deposits. |
|
2) The Ex-Employees of the bank shall get 0.50% more
interest on their deposits. |
| |
|
Rate
of Interest on deposits :-
The Rate of interest on
Fixed Deposits for 364 days shall be 10% during the |
|
period w.e.f.
12.01.2009 to 19.01.2009 |
|
::
No extra benefits shall be allowed on above deposits. |
| |
|
Interest rates from
14-01-2009 |
|
The Interest rates on
Term Deposit have been got revised with effect from w.e.f. 01.10.2008
as per following:- |
|
S.No |
Period |
Existing |
Proposed |
| |
|
Rate of
Interest p.a. |
Rate of
Interest p.a. |
|
1 |
7 days to 14
days |
4.00% |
3.75% |
|
2 |
15 days to 60
days |
4.50% |
4.00% |
|
3 |
61 days to 90
days |
5.00% |
5.00% |
|
4 |
91 days to
180 days |
6.00% |
6.50% |
|
5 |
1 years to
less than 5
years |
- |
9.50% |
|
6 |
3 years and
Above |
- |
10.00% |
|
7 |
Pre-mature
withdrawal, (penalty) |
0.50% |
0.50% |
|
| |
|
Deposits of Senior Citizens |
|
1 years
and less than 5 years |
+ 0.50% |
|
5 years and Above |
+ 1.00% |
|
| |
|
The revised rate of
interest as specified above shall be applicable on fresh
domestic team deposits and renewal of deposits on or
after 14.01.2009. |
|
1)The staff of the bank shall get 1% more interest on their deposits. |
|
2)The
Ex-Employees of the Bank shall get 0.50% more interest on
their deposits. |
| |
|
Rate
of Interest on deposits :-
The Rate of interest on
Term Deposits for period of 181 days to less than one |
|
year be treated as 8%.
However, the Scheme of Rate of Interest on 364days on
shall be up to on 19-01-2009 |
| |
|
Interest rates from
30-09-2008 |
|
The Interest rates on
Term Deposit have been got revised w.e.f. 01.10.2008 as per
following:- |
|
S.No |
Period |
Existing |
Proposed |
| |
|
Rate of
Interest p.a. |
Rate of
Interest p.a. |
|
1 |
7 days to 14
days |
4.00% |
4.00% |
|
2 |
15 days to 60
days |
4.50% |
4.50% |
|
3 |
61 days to 90
days |
5.00% |
5.00% |
|
4 |
91 days to
180 days |
6.00% |
6.00% |
|
5 |
364 days |
8.00% |
9.00% |
|
6 |
1 years to
less than 2
years |
9.50% |
10.25% |
|
7 |
2 years to
less than 3
years |
9.25% |
9.25% |
|
8 |
3 years and
Above |
9.00% |
9.00% |
|
9 |
Pre-mature
withdrawal, (penalty) |
0.50% |
0.50% |
|
| |
|
Deposits of Senior Citizens |
|
1 years
and less than 3 years |
+ 0.50% |
|
3 years and Above |
+ 1.00% |
|
| |
|
The revised rate of
interest as specified above shall be applicable on fresh
domestic team deposits and renewal of deposits on or
after 01.10.2008. |
|
1)The staff of the bank shall get 1% more interest on their deposits. |
|
2)The
Ex-Employees of the Bank shall get 0.50% more interest on
their deposits. |
| |
|
Interest rates from 12-07-2008 |
|
The Interest rates on
Term Deposit have been got revised w.e.f. 12.07.2008 as per
following:- |
|
S.No |
Period |
Existing |
Proposed |
| |
|
Rate of
Interest p.a. |
Rate of
Interest p.a. |
|
1 |
7 days to 14
days |
4.00% |
4.00% |
|
2 |
15 days to 60
days |
4.50% |
4.50% |
|
3 |
61 days to 90
days |
5.00% |
5.00% |
|
4 |
91 days to
180 days |
6.00% |
6.00% |
|
5 |
181 days to 1
year |
7.50% |
8.00% |
|
6 |
1 years to
less than 2
years |
8.50% |
9.50% |
|
7 |
2 years to
less than 3
years |
8.75% |
9.25% |
|
8 |
3 years to
less than 5
years |
8.50% |
9.00% |
|
9 |
Pre-mature
withdrawal, (penalty) |
1.00% |
0.50% |
|
| |
|
Deposits of Senior Citizens |
|
1 years
and less than 3 years |
+ 0.50% |
|
3 years and Above |
+ 1.00% |
|
| |
|
The revised rate of
interest as specified above shall be applicable on fresh
domestic team deposits and renewal |
|
of deposits on or
after 12.07.2008. |
|
1)The staff of the bank shall get 1% more interest on their deposits. |
|
2)The Ex-Employees of the Bank shall get 0.50% more interest on their deposits. |
|
|
|
Interest
rates from 07-04-2008 to 12-07-2008 |
| |
|
The Interest rates on
Term Deposit as on 07.04.2008 are as
follows:- |
|
Maturity Period |
Interest
rates |
|
7 days to 14
days |
4.00% |
|
15 days to 60
days |
4.50% |
|
61 days to 90
days |
5.00% |
|
91 days to
180 days |
6.00% |
|
181 days to
less than 1 year |
7.50% |
|
1 years to
less than 2
years |
8.50% |
|
2 years to
less than 3
years |
8.75% |
|
3 years to
less than 5
years |
9.00% |
|
5 years and Above |
8.50% |
|
Pre-mature
withdrawal, (penalty) |
1.00% |
|
| |
|
Deposits of Senior Citizens |
|
181 days to 1
years |
+ 0.25% |
|
Above 1 years
to less than 5 years |
+ 0.50% |
|
Above 5 years |
+ 1.00% |
|
|
The rate of
interest as specified above shall be applicable on fresh
domestic team deposits and renewal of |
|
deposits on or
after 01.06.2008. |
|
1) The staff shall get 1% more interest on their deposits. |
| |
|
|
|
|
