DOMESTIC DEPOSITS

Benchmark Prime Lending Rate
(BPLR w.e.f. 10.04.2007)		 13.50% per annum

Revision in Rates of Interest on Domestic Term Deposits w.e.f. 21.02.2008

For Deposits up to less than Rs. 1Crore.

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 @

4.00

4.00

4.75

4.75

15-29 Days

4.00

4.00

4.75

4.75

30-45 Days

5.00

5.00

5.75

5.75

46-60 Days

6.50

6.50

7.25

7.25

61-90 Days

7.50

7.50

8.25

8.25

91-179 Days

7.50

7.50

8.25

8.25

180-240 Days

8.00

8.08

8.75

8.85

241 - 364 Days

8.00

8.08

8.75

8.85

1 Yr. to < 2 Yrs

9.00

9.31

9.50

9.84

2 Yrs to < 3 Yrs

9.00

9.74

9.50

10.33

3 Yrs to 5 Yrs

8.75

9.88

9.25

10.52

More than 5 Yrs

8.75

10.83

9.25

11.59

@ The Bank will accept deposits for a period of 7 to 14 days provided the minimum amount is Rs.15 lakh.

SAVINGS BANK DEPOSIT

Interest Rate payable on Savings Bank Deposit Accounts is @3.50% per annum with effect from 1st March, 2006.

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NON-RESIDENT DEPOSIT SCHEMES

:: FCNR Deposits :: NRE Deposits :: NRNR Deposits ::

     

FCNR (B) Deposits (Revised interest rates w.e.f. 1st May 2008)

Period

USD
(%)

GBP
(%)

EURO
(%)

YEN
(%)

AUS$
(%)

CAN $
(%)
1 year to less than 2 years

2.33

5.06

4.21

0.35

7.51

2.91
2 years to less than 3 years

2.43

4.65

3.78

0.36

6.91

2.64
3 years to less than 4 years

2.70

4.62

3.68

0.44

6.82

2.79
4 years to less than 5 years

2.93

4.59

3.65

0.51

6.86

2.91
5 years Only

3.11

4.54

3.64

0.59

6.78

3.03

   

NRE Term Deposits (w.e.f. 1st May 2008)
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

3.08%

2 years to less than 3 years

3.18%

3 years and above

3.45%

 

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

  

RFC Deposits (Revised interest rates w.e.f. 1st May 2008)
 

USD
(%)

GBP
(%)

EURO
(%)

YEN
(%)

AUS$
(%)

CAN$
(%)

Savings Bank

1.50

3.25

2.25

0.00

4.00

2.50
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

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.

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