With effect from 01.11.2012
Rate of
interest
|
||||||
Normal
|
Senior citizen
|
|||||
Saving a/c (03/05/2011)
|
4.00%
|
4.00%
|
||||
Term deposits
|
||||||
STD 30 days automatic renewal
|
5.50%
|
6.00%
|
||||
6 months to less than 12 months
|
6.50%
|
7.00%
|
||||
QRIP (Quaterly rate of int) scheme
|
9.50%
|
10.00%
|
||||
MIP(monthly interst payment) & QIP(Quaterly interest
payment Scheme)
|
9.75%
|
1025%
|
||||
13 months to 17 months
|
8.00%
|
8.50%
|
||||
18 months (specific period)
|
9.50%
|
10.00%
|
||||
19 months to 24 months
|
8.25%
|
8.75%
|
||||
25 months to 47 months
|
8.50%
|
9.00%
|
||||
48 months
|
8.75%
|
9.25%
|
||||
Model 365 scheme (01/11/2011)
365 days
Minimum of Rs.10,000 or Multiples of rs.10,000
Int every Quaterly basis
|
9.85
|
10.35
|
||||
Recurring deposits
|
||||||
I yr
|
8.00%
|
8.50%
|
||||
2yr to 4 yr
|
8.25%
|
8.75%
| ||||
Note:
Additional rate of int @ 0.50% to senior citizens
No additional int on bulk deposits of rs.15.00 lacs and
above
BORIVLI BRANCH HAS A DIFFERENT CHART OF INTEREST RATES FOR FIXED DEPOSITS FOR SENIOR CITIZENS PLEASE UPDATE THE WEBSITE IT IS OUTDATED
ReplyDeleteyes looks like it is outdated.
ReplyDeletewhat are the current rates of interest for senior citizens after recent RBI revisions.
ReplyDelete