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Interest Rates |
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Interest rates from
26-06-2009 |
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The interest rates on
Term Deposit have been revised w.e.f 01.07.2009 as per
followings:- |
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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% |
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2 |
46 days to 90
days |
3.25% |
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3 |
91 days to
180 days |
5.25% |
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4 |
181 days to
12 months |
6.75% |
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5 |
400 days
(FDR Minimum Deposit of Rs. 25,000/-) |
8.50% |
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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% |
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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 01.07.2009. |
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1) The staff of the bank shall get 0.50% more interest on their
deposits. |
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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. |
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Click Here for Interest rates from
22-06-2009 |
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