|
::: INTEREST
RATES | |
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|
RUPEE DEPOSITS |
|
TENOR |
RATE OF INTEREST P.A |
| For Resident & NRO Deposits - Less than
INR 1.5 MM (wef 14/01/2010) |
|
|
|
| 15 days to 30
days |
2.25 |
| 31 days to 45
days |
3.25 |
| 46 days to 90
days |
3.50 |
| 91 days to 6
months |
3.75 |
| 181 days to 240
days |
4.25 |
| 241 days to 364
days |
5.50 |
| 1 year and upto 2
years |
6.25 |
| Above 2 years and
upto 5 years |
6.75 |
| Over 5 years |
7.00 |
| |
|
| |
|
| |
|
| For Resident & NRO Deposits - Advantage
Plus - Recurring Deposits (wef 09/11/2009) |
| 1 Year |
6.25 |
| 2 Years |
6.25 |
|
3 Years |
6.75 |
|
|
|
|
|
|
| For
NRE Deposits and Advantage Plus - Recurring Deposits (Wef
01/03/2010) |
| 1 Year |
2.58 |
| 2 Years |
2.82 |
|
3
Years |
3.43 |
|
FOREIGN CURRENCY
DEPOSITS (wef
01/03/2010)
|
|
| |
USD |
GBP |
EURO |
AUD |
|
1
Year and above but less than two years |
1.83 |
2.29 |
2.19 |
6.05 |
|
2 Year and above but
less than three years |
2.07 |
- |
- |
- |
|
3 Year and above but
less than four years |
2.68 |
- |
- |
- |
|
4 Year and above but
less than five years |
3.19 |
- |
- |
- |
|
5
Years only |
3.61 |
- |
- |
- |
|
RFC USD (Wef 01/03/2010)
|
| 1 Year |
1.83 |
NOTE:
1) For deposits of INR 1.5
MM and above - The rates will be quoted on a daily basis including
the bucket of 7-14 days.
2) 1% Penalty plus swap
cost of FCNR (B) deposits for premature withdrawal (Swap Cost
applicable only for deposits above USD.
30,000/-).
3) No interest is
payable on premature closure of FCNR deposit within a period of 1
year.
4) No interest is
payable if the Resident/NRO deposit is prematurely withdrawn within
30 days from the date of deposit.
5) Penalty of 1% on
all Resident/ NRO deposits will be levied if the deposit is
prematurely withdrawn after 30 days.
6) No interest is
payable if the NRE deposit is prematurely withdrawn before 1
year.
7) 1% penalty on NRE Term
Deposit if prematurely withdrawn after 1 year.
8) Resident/NRE/NRO Savings Account -
interest rate @ 3.5% per annum.
9) Cumulative facility is available for
all categories of Term Deposit accounts.
10) Resident Senior Citizens will be paid an
additional interest of 0.6% p.a. on their Term Deposits.