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Interest Rates |
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Interest rates from
16-10-2009 |
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The interest rates on
Term Deposit have been revised w.e.f 19.10.2009 as per
followings:- |
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Individuals, Coop. Societies, Trust/All other
categories of depositors |
|
S.No. |
Period |
Rate of
Interest p.a. |
|
1 |
7 days to 45
days |
2.00% |
|
2 |
46 days to 90
days |
3.00% |
|
3 |
91 days to
180 days |
5.25% |
|
4 |
181 days to
less than 1 year |
6.50% |
|
5 |
1 year to less than 5 years |
7.75% |
|
6 |
5 years to less than 8 years |
7.50% |
|
7 |
8 years
to 10 years |
8.00% |
| 8 |
Pre-mature
withdrawal (penalty) |
0.75% |
|
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1) The Senior Citizens shall get 1% more interest on their Deposit for the
period of one year and above.
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2) The staff /Ex-Employee of the Bank shall get 0.5% more interest
on their deposits.
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| Further a Fixed Deposit Receipt/Cash Certificate Receipt matured but proceeds are unpaid , the amount left unclaimed with the bank will attract Saving Bank rate of interest. |
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| he revised rate of interest as specified above shall be applicable on fresh domestic term deposits and renewal of deposits with effect from 19.10.2009. |
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Click Here for Interest rates from
26-06-2009 |
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