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Domestic Term Deposit

 

Deposit maturity             bucket

Existing intt. rate w.e.f. 03.11.2016

Deposit maturity             bucket

Revised intt. rate w.e.f. 24.11.2016

Below Rs.1 crore

Rs.1.00 crore to Rs.10.00 crores

Below Rs.1 crore

Rs.1.00 crore to Rs.10.00 crores

7 days to 45 days

5.50

*

7 days to 45 days

5.50

*

46 days to 179 days

6.50

*

46 days to 179 days

6.50

*

180 days to 210 days

6.75

*

180 days to 210 days

6.75

*

211 days to < 1 Year

7.00

*

211 days to < 1 Year

7.00

*

1year to 455 days

7.15

*

1year to 455 days

6.90

*

456 days to <2 years

7.25

*

456 days to <2 years

6.95

*

2 years to < 3 years

7.25

*

2 years to < 3 years

6.85

*

3 years to <5 years

7.00

*

3 years to <5 years

6.50

*

5 years to 10 years

7.00

 

5 years to 10 years

6.50

 

* Bulk Deposit( Rs 1 crore and above&upto 5crores)

Deposit Maturity Bucket

Existing Intt rate w.e.f.03.11.2016

Deposit Maturity Bucket

Revised Intt rate w.e.f.24.11.2016

7-45 days

5.50

7-45 days

5.00

46-179 days

6.00

46-179 days

5.50

180-210 days

6.25

180-210 days

5.75

211 days to<1 years

6.25

211 days to<1 years

5.75

1 year to 455 days

6.50

1 year to 455 days

6.00

456 days to <2 years

6.50

456 days to <2 years

6.00

2 years to <3 years

6.50

2 years to <3 years

6.00

3 years < to < 5 years

6.00

3 years < to < 5 years

5.50

5 years to up to 10 years

6.00

5 years to up to 10 years

5.50

* Bulk deposit will be accepted after approval of Head office.

1. The proposed rates of interest shall be made applicable to fresh deposits and renewals of maturing term deposits. These rates of interest shall also be made applicable to domestic term deposits from Cooperative Banks.

2. Staff/ Ex staff shall be eligible for additional benefit of 1% in interest rate over card rate for all maturities, as hitherto


 

#Applicable to only single deposit of Rs. 15.00 lac and above for period 7 days to 14 days.

Senior citizens shall be eligible for additional benefit of 0.4% in interest rate over

card rate for deposit of maturities of 1 year and above, as hitherto

 


 

                                                                                        

 

 

 

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