INFORMATION
DISPLAYED IN TERMS OF PROVISION UNDER
RIGHT TO INFORMATION ACT, 2005
|
INTEREST RATE OF TERM DEPOSITS [ DOMESTIC & NRO]
WITH EFFECT FROM 1ST SEPTEMBER
2008
| PERIOD |
RATE OF INTEREST |
| 7 - 14 days |
3.50 |
| 15 - 45 days |
4.75 |
| 46 - 90 days |
5.75 |
| 91 - 180 days |
7.50 |
| 181 days - less than One year |
8.25 |
| One Year to 18
months |
10.25 |
| Above 18 months to 3 years |
9.50 |
| Above 3 years to 5 years |
8.50 |
| Above 5 years |
8.00 |
The incentive of 0.25% for single bulk deposits of Rs. 15 lakhs and
above and 1% incentive to Senior Citizens will continue. However, this incentive is not
applicable to RD |
