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