Interest rates on Domestic Deposits (With Effect from 22-02-2010) |
| S.No. |
Slab/Category |
Rate of Interest |
| |
|
Other than Sr. Citizens |
Sr. Citizens |
| |
Savings Deposits |
3.50% |
3.50% |
| |
Term Deposits |
|
|
| 1. |
30 Days to 90 Days |
4.50% |
5.00% |
| 2. |
91 Days to 180 Days |
5.50% |
6.00% |
| 3. |
181 Days to 1 Year |
6.50% |
7.00% |
| 4. |
Above 1 Year & upto 2 Years |
7.00% |
7.50% |
| 5. |
Above 2 Year & upto 3 Years |
7.50% |
8.00% |
| 6. |
Above 3 Years & upto 5 Years |
8.00% |
8.50% |
| 7. |
Above 5 Years |
7.50% |
8.00% |
|
Based on the cost of funds of the Bank, ALM and market scenario, rates may be offered lesser or more than the above revised rates for deposits of Rs.15.00 lacs and above as per the decision taken by the Competent Authority from time to time.
|
Interest rates on NRE deposits (With
effect from 1-3-2010) |
| S.No. |
Slab/Category |
Rate of Interest |
| 1. |
Savings Bank Account |
3.50% |
| 2. |
1 Year to less than 2 Years |
2.59% |
| 3. |
2 Years to less than 3 Years |
2.83% |
| 4. |
3 Years |
3.44% |
|
