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

   
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Interest Rates

 

Interest rates from 26-06-2009

The interest rates on Term Deposit have been revised w.e.f 01.07.2009 as per followings:-

   

Individuals, Coop. Societies, Trust/All other categories of depositors

Senior Citizens

S.No.

 Period

Rate of Interest p.a.

 
1

7 days to 45 days

2%  
2

46 days to 90 days

3.25%  
3

91 days to 180 days

5.25%  
4

181 days to 12 months

6.75%  
5

400 days (FDR Minimum Deposit of Rs. 25,000/-)

8.50%  
6

Above 1 year to 3 years

7.75% 8.25%
7

Above 3 years to  5 years

8.00% 8.50%
8

Above 5 Years

7.75% 8.25%
 

Pre-mature withdrawal (penalty)

0.75%  
 

The revised rate of interest as specified above shall be applicable on fresh domestic term deposits and renewal of deposits with effect from 01.07.2009.

1) The staff of the bank shall get 0.50% more interest on their deposits.

 
All the Branch Managers/Incharges are advised to bring the same to the notice of all the staff concerned and exhibit the same in front of Cashier cabin and also on Notice Board for information of public.

Please acknowledge the receipt.
 

Click Here for Interest rates from 22-06-2009

   

   
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