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Interest Rates |
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Interest rates from
27-05-2009 |
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The Interest Rats on Term
Deposit have been got revised with immediate effect as per
following:- |
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S.No |
Period |
Revised |
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Rate of
Interest p.a. |
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1 |
7 days to 14
days |
3.00% |
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2 |
15 days to 60
days |
3.25% |
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3 |
61 days to 90
days |
3.50% |
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4 |
91 days to
180 days |
5.75% |
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5 |
181 days to one year |
7.00% |
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6 |
1 year to 3
years |
8.00% |
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7 |
3 years to
5
years |
8.25% |
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8 |
Above 5 Years |
7.75% |
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Pre-mature
withdrawal (penalty) |
0.50% |
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Deposits of Senior Citizens |
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1 year
and less than 3 years |
+ 0.25% |
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3 years and Above
|
+ 0.50% |
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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
immediate effect. |
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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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Rate
of Interest on deposits :-
The Rate of interest on
Fixed Deposits for 364 days shall be 10% during the |
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period w.e.f.
27.05.2009 |
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::
No extra benefits shall be allowed on above deposits. |
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Click Here for Interest rates from
04-04-2009 |
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