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Interest Rates |
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Interest rates from
22-06-2009 |
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The interest rates on
Term Deposit have been revised w.e.f 22.06.2009 as per
followings:- |
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Individuals, Coop. Societies, Trust/All other
categories of depositors |
Senior Citizens |
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S.No. |
Period |
Rate of
Interest p.a. |
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1 |
7 days to 45
days |
2% |
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2 |
46 days to 90
days |
3.25% |
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3 |
91 days to
180 days |
5.50% |
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4 |
181 days to
12 months |
7.00% |
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5 |
400 days
(FDR Minimum Deposit of Rs. 25,000/-) |
9.00% |
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6 |
Above 1 year
to 3 years |
8.00% |
8.50% |
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7 |
Above 3 years
to 5 years |
8.25% |
9.00% |
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8 |
Above 5 Years |
7.75% |
8.50% |
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Pre-mature
withdrawal (penalty) |
0.75% |
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The revised rate of
interest as specified above shall be applicable on fresh
domestic term deposits and renewal of deposits with effect
from 22.06.2009. |
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1) The staff of the bank shall get 1% more interest on their
deposits. |
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2) The Ex-Employees of the bank shall get 0.50% more
interest on their deposits. |
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Click Here for Interest rates from
27-05-2009 |
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