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PERIOD
Rate of Interest % p.a.
General
Senior Citizens
15 days to 90 days
6.00%
91 days to 179 days
7.00%
180 days to 364 days
8.25%
1 year and above,but upto 699 days
10.00%
10.25%
700 days
10.30%
701 days to 3 years
Above 3 years to 5 years
9.75%
Above 5 years
9.50%
Tax Saver Scheme
9.00%
NRE TERM DEPOSITS
01-07-2008 to 31-07-2008
Rate of Interest % p.a
1 Year and above but less than 2 years
3.31
2 Years and above but less than 3 Years
3.60
3 Years and above
3.95
NRE Savings A/C: From 17-11-2005 rate of interest will be 3.50% P.a
Period
USD
GBP
EUR
YEN
CAD
AUD
2.56%
5.70%
4.64%
0.41%
3.29%
7.77%
2 Year and above but less than 3 years
2.85%
5.50%
4.62%
0.49%
2.86%
7.21%
3 Year and above but less than 4 years
3.20%
5.47%
4.55%
0.59%
3.01%
7.12%
4 Year and above but less than 5 years
3.42%
5.41%
4.47%
0.67%
3.11%
7.13%
5 Years only
3.56%
5.32%
4.41%
0.75%
3.19%
7.02%
Up to 1 Month
1.46
4.50
3.44
2.20
6.51
Above 1 Month and upto 3 Months
1.78
4.95
2.44
6.81
Above 3 Months and up to 31.10.2008
2.11
5.16
4.13
2.59
7.10
# Libor Rates as Declared by FEDAI # * Monthly Savings Deposit Scheme
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