w.e.f. 20-10-2008 |
| DOMESTIC
& NRO DEPOSITS |
| Period |
Amount
of Deposits |
| |
Card Rate |
Bulk
Deposits Rs. 10-50 lacs |
Bulk
Deposits Rs. 50 lacs & above |
Co-operative
Societies |
| |
Rev. |
Rev. |
Rev. |
Rev. |
| DOMESTIC DEPOSITS |
|
|
|
|
Savings Account
|
3.50% |
- |
- |
3.50% |
| 15 days to 45 days |
5.50% |
6.00% |
6.50% |
6.50% |
| 46 days to 90 days |
6.25% |
6.50% |
6.75% |
6.75% |
| 91
days to 180 year |
7.00% |
7.25% |
7.50% |
7.50% |
| 181
days to less than a year |
8.00% |
8.00% |
8.50% |
8.50% |
| 1
year and upto 3 years |
10.00% |
10.25% |
10.50% |
10.00% |
| Over
3 years upto and 5 years |
9.00% |
9.25% |
9.50% |
9.50% |
| *Special
Dep. U/s. 80C-IT Act, 1961 |
9.00% |
- |
- |
- |
| |
| OTHER
CONDITIONS |
| “Senior
Citizens” will be paid higher interest rate of
0.50% only on the Card Rate shown above provided the
deposit is placed for one year and above only |
|
A depositor can avail of only one of the incentives
relating to higher interest rates as eligible under
the options “Senior Citizens” / “Bulk
Deposits” / ”Staff Members” |
|
No Interest will be paid against premature withdrawal
of Deposits, if within 30 days |
|
In cases where deposits are pre-maturedly encashed after
30 days, interest will be paid @ 1.00% less than the
rate applicable for the period for which the deposits
had remained with the Bank |
|
Staff Members would be entitled to additional interest
@ 1.00% even if the deposits are not kept for the full
contractual period. However, for pre-matured encashments,
1.00% deduction would be applicable on the rate as prevailing
for the period for which the deposits had remained with
the Bank |
|
Rates for deposits of Rs. 50.00 lacs and above are indicative
and will be advised by Central Office from time to time |
 Up |
|
|
|
|
|
w.e.f. 01-10-2008 |
| NRE
DEPOSITS |
| Period |
Amount
of Deposits |
| |
Card
Rate |
Senior
Citizens |
Savings Account
|
3.50% |
3.50% |
| 1 year and less
than 2 years |
4.46% |
4.46% |
| 2 years and less
than 3 years |
3.76% |
3.76% |
| 3 years & over |
4.05% |
4.05% |
| Up |
|
|
|
|
w.e.f. 01-10-2008
|
| TYPES
OF ACCOUNTS |
PRIORITY |
|
| Housing
Loans |
|
For
All Existing Accounts |
| (a)
Upto Rs. 5,00,000/- |
11.00% |
| (b)
Over Rs. 5,00,000/-
and upto Rs. 20,00,000/- |
12.00% |
| (b)
Over Rs. 20,00,000/-
and upto Rs. 50,00,000/- |
13.00% |
| |
|
|
| (a)
Upto Rs. 20,00,000/- |
15.50% |
For
All New Accounts |
| (b)
Over Rs. 50,00,000/- |
13.50% |
| Up
|
 Back |
|
|
|
|
| |
|
w.e.f. 01-10-2008
|
| TYPES
OF ACCOUNTS |
PRIORITY |
|
Vehicle
Loans
(Inclusive
of Vehicles for transport business)
(Interest rates based
on repayment period) |
New
Accounts |
For
All Existing Accounts to be charged
additional 0.25% |
| (a)
Upto 36 months |
13.50% |
| (b)
Upto 60 months |
14.00% |
| Up
|
|
|
|
w.e.f. 01-10-2008 |
| TYPES
OF ACCOUNTS |
PRIORITY |
| Small
Loans for Salaried Borrowers upto Rs. 2,00,000/- |
15.00% |
| Consumer
Loans upto Rs. 50,000/- |
15.00% |
| House
Repair / Small Business upto Rs. 2,00,000/- |
15.00% |
| Consumption
Loans upto Rs. 10,000/- |
15.00%
|
| Up
|
Back |
|
|
|
| |
|
w.e.f. 01-10-2008 |
| TYPES
OF ACCOUNTS |
PRIORITY |
|
|
Advances
Against Demat Shares / Debentures / Units. |
|
For
All Existing & New Accounts |
| (a)
Upto Rs. 10,00,000/- |
15.25% |
| Up
|
|
|
|
|
