Deposit Schemes
Deposit Schemes
STATEMENT SHOWING THE DETAILS OF DEPOSIT SCHEMES AND RATE OF INTEREST APPLICABLE WITH EFFECT FROM 10.04.2012
THE DEPOSIT SCHEMES OFFERED BY THE BANK AS UNDER:
- Current Deposits
- Savings Deposits
- Recurring Deposits
- Term Deposits
- Fixed Deposits
- Reinvestment Plan Deposits
|
S.NO |
PARTICULARS |
RATE OF INTEREST (%) |
|
1 |
Savings Bank Account |
4.00 % |
|
2 |
Current Accounts |
0.00 % |
|
3 |
Term Deposits |
|
|
(a) |
Greater than 6 Days to Less than or Equal to 15 Days |
7.50 % |
|
(b) |
Greater than 15 Days to Less than or Equal to 45 Days |
7.50 % |
|
(c) |
Greater than 45 Days to Less than or Equal to 90 Days |
7.50 % |
|
(d) |
Greater than 90 Days to Less than or Equal to 179 Days |
7.75 % |
|
(e) |
Greater than 179 Days to Less than or Equal to 364 Days |
8.50 % |
|
(f) |
1 Year Deposit |
9.75 % |
|
(g) |
1 Year to Below 2 Years |
9.75 % |
|
(h) |
2 Years and above |
9.75 % |
|
|
400 Days Deposit |
9.75 % |
ü Additional Rate of Interest to Senior Citizens : 0.50 %
