 DOMESTIC DEPOSITS
Benchmark Prime Lending Rate
(BPLR w.e.f. 10.07.2009) |
12.25% per annum
|
Interest Rates on Domestic Term Deposits stand revised (w.e.f. 11.01.2010)
Maturity Period |
General |
For Senior Citizen |
Interest Rate in percentage p.a. |
Annualised Yield in percentage |
Interest Rate in percentage p.a. |
Annualised Yield in percentage |
14 Days @ |
2.00 |
2.00 |
2.75 |
2.75 |
15-45 Days |
3.00 |
3.00 |
3.75 |
3.75 |
46-90 days |
4.00 |
4.00 |
4.75 |
4.75 |
91-179 Days |
5.50 |
5.50 |
6.25 |
6.25 |
180-364 Days |
_ |
_ |
_ |
_ |
(a) Less than Rs.15 lacs |
6.00 |
6.05 |
6.75 |
6.80 |
(b) Rs.15 lacs & above but less than Rs.1 Crore |
6.00 |
6.05 |
6.75 |
6.80 |
1 Year |
_ |
_ |
_ |
_ |
(a) Less than Rs.15 lacs |
6.50 |
6.66 |
7.00 |
7.19 |
b) Rs. 15 lacs & above but less than Rs.1 Crore |
6.50 |
6.66 |
7.00 |
7.19 |
More than 1 Year but less than 2 Years |
_ |
_ |
_ |
_ |
(a) Less than Rs.15 lacs |
7.00 |
7.25 |
7.50 |
7.79 |
b) Rs. 15 lacs & above but less than Rs.1 Crore |
6.50 |
6.71 |
7.00 |
7.25 |
2 Years & above but less than 3 Years |
7.00 |
7.44 |
7.50 |
8.01 |
3 Years & above but less than 5 Years |
_ |
_ |
_ |
_ |
(a) Less than Rs.15 lacs |
7.00 |
7.71 |
7.50 |
8.32 |
b) Rs. 15 lacs & above but less than Rs.1 Crore |
7.00 |
7.71 |
7.50 |
8.32 |
5 Years & Above |
_ |
_ |
_ |
_ |
(a) Less than Rs.15 lacs |
7.25 |
8.64 |
7.75 |
9.36 |
b) Rs. 15 lacs & above but less than Rs.1 Crore |
7.25 |
8.64 |
7.75 |
9.36 |
NOTE 1 |
@ The bank shall accept deposits for a minimum period of 7 days provided minimum deposit amount is Rs.15 lacs & above. |
NOTE 2 |
The deposit rates on the above term slab shall be applicable for all deposits of less than Rs.1 crore, contracted afresh/renewal hereafter. |
NOTE 3 |
The additional rate payable on the deposits of Staff/Ex-staff/Ex-Staff Sr. Citizens is as per the following : |
|
Category |
Term |
Additional Rate Payable |
Staff/Ex-Staff |
All Terms |
1.00% |
Ex-Staff Sr. Citizen |
6 months to < 3 Years |
1.25% |
Ex-Staff Sr. Citizen |
3 Years and above |
1.50% |
NOTE 4 |
The overall amount ceiling for Ex-staff/Ex-staff Sr. Citizen to receive incentive rate shall be equal to his Terminal benefits + Rs.10 lacs |
| BULK DEPOSITS (PPD)RS. 1 CRORE & ABOVE – RATES FROM 23/09/2009 |
TIME PERIOD |
RATE OF INTEREST |
15 – 29 days |
1.00 |
30 – 45 days |
2.00 |
46 – 60 days |
2.50 |
61 – 90 days |
3.00 |
91 – 120 days |
3.50 |
121 – 179 days |
4.00 |
180 – 269 days |
4.50 |
270 days – <1 year |
5.50 |
1 year & above |
6.00 |
SAVINGS BANK DEPOSIT
Interest Rate payable on Savings Bank Deposit Accounts is @3.50% per annum with effect
from 1st March, 2006.
NON-RESIDENT DEPOSIT SCHEMES
:: NRE Deposits :: FCNR Deposits :: RFC Deposits :: NRNR Deposits ::
| NRE Term Deposits (w.e.f. 1st February 2010) |
| A) NRE- Deposits. |
Rate of interest per annum |
NRE- Savings Bank Deposits (WEF 18.11.’05) |
3.50 % |
| NRE-Term Deposits |
|
| Period |
Rate of interest per annum |
| 1 year to less than 2 years |
2.60% |
| 2 years to less than 3 years |
2.91% |
| 3 years and above |
3.53% |
No special rate, over and above the interest rate, prescribed above, will be allowed.
| FCNR (B) Deposits
(Revised interest rates w.e.f. 1st February 2010) |
Period |
USD
(%) |
GBP
(%) |
EURO
(%) |
YEN
(%) |
AUS$
(%) |
CAN$
(%) |
1 year to less than 2 years |
1.85 |
2.26 |
2.20 |
1.68 |
6.21 |
2.26 |
2 years to less than 3 years |
2.16 |
2.75 |
2.68 |
1.48 |
6.02 |
2.36 |
3 years to less than 4 years |
2.78 |
3.36 |
3.08 |
1.53 |
6.28 |
2.90 |
4 years to less than 5 years |
3.29 |
3.81 |
3.37 |
1.62 |
6.57 |
3.31 |
5 years Only |
3.71 |
4.14 |
3.63 |
1.72 |
6.70 |
3.62 |
| RFC Deposits (Revised interest rates w.e.f.
1st February 2010) |
| |
USD
(%) |
GBP
(%) |
EURO
(%) |
YEN
(%) |
AUS$
(%) |
CAN$
(%) |
Savings Bank |
0.00 |
0.50 |
0.00 |
0.00 |
3.00 |
0.00 |
Period (Term Deposits) |
|
|
|
|
|
|
1 year to less than 2 years |
Same as FCNR(B) |
Same as FCNR(B) |
Same as FCNR(B) |
Same as FCNR(B) |
Same as FCNR(B) |
Same as FCNR(B) |
2 years to less than 3 years |
Do |
Do |
Do |
Do |
Do |
Do |
3 years to less than 4 years |
Do |
Do |
Do |
Do |
Do |
Do |
4 years to less than 5 years |
Do |
Do |
Do |
Do |
Do |
Do |
5 years Only |
Do |
Do |
Do |
Do |
Do |
Do |
Note:
(1) For FCNR (B) and RFC- deposits, no special rate of interest will be given over and above the interest rates indicated above.
(2) For FCNR (B) and RFC- deposits, no additional interest for staff members is allowed.
NRNR and NRSR Deposits : Discontinued
w.e.f. 01.04.02.The existing accounts under NRNR Deposit scheme may be
continued only upto the date of maturity.
The existing NRSR accounts other than Term Deposits shall not be continued after
30.09.02 |
| Dollar Deposit Account under
EEFC Scheme |
| Type of Account : Only Current Account |
| Exchange Bureau : We have forex counters at our following
branches, viz.
a) Kolkata Main Branch, Kolkata
b) D N Road Branch, Mumbai
c) Pondicherry Main Branch
d) Mount Road Branch, Chennai
e) Parliament Street Branch, New Delhi
At these counters sales and purchases of foreign currency notes / travellers cheques
are being undertaken at attractive rates. |
|
