|
Days
|
Below 1.00 Crore
|
Above 1.00 Crore
|
|
Rate
|
Rate
|
|
7-14 Days
|
4.50%
|
4.50%
|
|
15-29 Days
|
5.00%
|
5.00%
|
|
30-45 Days
|
5.25%
|
5.25%
|
|
46-90 Days
|
5.50%
|
5.50%
|
|
91-179 Days
|
6.25%
|
6.25%
|
|
180 Days to less than 1 Year
|
6.50%
|
6.50%
|
|
1 Year to less than 2 Years
|
6.75%
|
6.75%
|
|
Above 2 Years
|
6.50%
|
6.50%
|
|
Extra rate of interest i.e @ 0.50% will be given to SENIOR CITIZEN on single fixed deposit receipts.
|
0.50%
|
0.50%
|
|
Penalty will be Charged @ 1% on premature closing of FD's
|
1.00%
|
1.00%
|
Interest rate @ 0.50% over and above these rates to the senior citizens will be
admissible on single fixed deposit receipt of Rs. 5,000/- and above for one year
and above. Further retired staff members of our bank fulfilling the prescribed criteria
of senior citizens would also be eligible to get this benifit of 0.50% and higher
rate of interest on all maturities in addition to existing benefit of 1% higher
over and above the normal rates as per extant guidelines on domestic term deposits.
