Rate of Interest(Term Deposit)

 

ALL RATES ARE IN PERCENTAGE PER ANNUM
Maturity Period Rates for Deposits up to & equal to Rs. 1.00 Crore
Existing Rates Since Revised Rates w.e.f.
01.12.2016 06.05.2017
7 - 14 days 4.50 4.50
15 – 30 days 5.00 5.00
31 - 45 days  5.50 5.50
46 – 60 days 6.50 6.50
61 - 90   days 6.50 6.50
91 – 179 days 6.75 6.50
180 – 269 days 7.00 6.75
270 – 364 days 7.10 7.00
1 Year - 2 Year 7.25 7.00
Above 2 Year  7.25 6.90
1. SENIOR CITIZENS will get 0.50% p.a. interest more than the card rates on the deposits of 6 months and above maturity on all deposit schemes.
2. In case of premature withdrawal of deposit up to Rs. 2.00 lakh there will not be any penal interest.
3. No penalty will be levied on premature withdrawal of deposits, provided the deposits are renewed for a longer period than remaining period of the original contracts.
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We have opened 17th Financial Literacy Centre on 05 Jan. 2016 for Wardha District at Borgaon Meghe Branch.
 
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BKID0WAINGB
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