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Deposit Rate of Interest
 

              DOMESTIC TERM DEPOSITS (Including MSD) from 01.07.2009

 

PERIOD

Rate of Interest % p.a.

 

General

Senior Citizens

15 days to 90 days

        4.00%                  4.00%

91 days to 180 days

5.00%

5.00%

181 days to 364 Days

6.00%

6.00%

1 year to less than 2 years

7.75%

8.25%

2 years & above, but up to 3 years

8.00%

8.50%

Above 3 years

7.75%

8.25%

Tax Saver Schemes

8.00%

8.00%

Terms :                       Senior citizens:          Age- Completed age of 60 years.

For bulk deposits of Rs.15 lakhs to Rs.1.00 cr. the interest rate applicable is the the card rate to General Public For Bulk Deposit Above 1.00 Crore rate will be fixed by the Treasury Department.

           

NRE TERM DEPOSITS

01-07-2009 to 31-07-2009

PERIOD

Rate of Interest % p.a

1 Year and above but less than 2 years

3.36

2 Years and above but less than 3 Years

3.28

3 Years and above

3.87

NRE Savings A/C: From 17-11-2005  rate of interest will be 3.50% P.a

Interest rates for FCNR (B) Deposits and NRE Deposits

 for the period 01.07.2009 to 31.07.2009

Period

USD

GBP

EUR

YEN

CAD

AUD

1 Year and above but less than 2 years

2.61 2.70 2.50 1.87 2.55 5.28

2 Year and above but less than 3 years

2.53 3.32 2.84 1.67 2.18 5.18

3 Year and above but less than 4 years

3.12 4.02 3.30 1.73 2.87 5.88

4 Year and above but less than 5 years

3.57 4.46 3.64 1.81 3.29 6.35

5 Years only

3.93 4.72 3.91 1.90 3.62 6.58

# Libor Rates as Declared  by FEDAI #
* Monthly Savings Deposit Scheme

 
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