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

   
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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

 

Click Here for Interest rates from 04-06-2010

   

   
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