Click here for Product Change Notice w.e.f July 1, 2011
Interest Rates for Savings Account and Term Deposits (Domestic, Non Residents, Loans)
| NATURE |
RATES OF INTEREST (% p.a) |
MINIMUM BALANCE |
| ACCOUNT |
Normal |
Senior Citizen |
RURAL |
Semi Urban |
Urban |
| Savings Bank A/c |
| A.Domestic |
|
|
|
|
|
| a.with cheque book facility |
4 |
4 |
1000 |
1000 |
1000 |
| b.without cheque book facility |
4 |
4 |
|
|
|
| c. No Frills Account |
4 |
4 |
0 |
0 |
0 |
| B. Non Resident |
|
|
|
| a. NRO |
4 |
- |
|
| b.NRE |
4 |
- |
|
Term Deposits-Domestic & NRO Deposits (w.e.f.
01.01.2013)
|
| |
Rates of Interest (% p.a) |
| Term Deposits (All Maturities) |
Term deposits below Rs. 1 crore |
| 7 days to14 days |
5.00 |
| 15 days to 45 days |
7.00 |
| 46 days to 90 days |
7.50 |
| 91 days to 179 days |
7.75 |
| 180 days to 199 days |
8.50 |
| 200 days |
8.75 |
| 201 days to 365 days |
8.50 |
| 366 days to 374 days |
9.00 |
| 375 days |
9.25 |
| 376 days & above upto and inclusive of 2 years |
9.00 |
| Above 2 years & upto & inclusive of 3 years |
9.00 |
| Above 3 years upto & inclusive of 5 years |
9.00 |
| Above 5 years upto & inclusive of 10 years |
9.00 |
- No interest will be paid on term deposits that have remained with the bank for less than 7 days.
- Senior Citizens are eligible for an additional interest rate of 0.50% p.a only for all term deposits.
|
| NRE (All Maturities) (w.e.f 01.01.2013) |
Rates of Interest (% p.a) |
| 1 Year(365 days) |
8.50 |
| 366 days to 374 days |
9.00 |
| 375 days |
9.25 |
| 376 days & above upto & inclusive of 2 years |
9.00 |
| Above 2 years upto & inclusive of 3 years |
9.00 |
| Above 3 years upto & inclusive of 5 years |
9.00 |
| Above 5 years upto & inclusive of 10 years |
9.00 |
- For interest rates on Domestic, NRE and NRO Deposits of Rs 1 crore and above, please contact your branch.
|
| FCNR (B) (w.e.f 01.05.2013) |
| |
1 year &above
but < 2 years |
2 years &
above
but < 3
years |
3 years &
above
but < 4
years |
4 years &
above
but < 5
years |
For 5 years
(Maximum) |
|
Rates of Interest (% p.a) |
| i) USD |
2.70 |
2.36 |
3.45 |
3.60 |
3.82 |
| ii) GBP |
2.89 |
2.59 |
3.65 |
3.75 |
3.90 |
| iii) EUR |
2.40 |
2.39 |
3.48 |
3.60 |
3.75 |
| iv) CAD |
3.76 |
3.29 |
4.36 |
4.47 |
4.59 |
| v) AUD |
5.51 |
4.78 |
5.92 |
6.12 |
6.26 |
| RFC (w.e.f 01.05.2013) |
| |
6 months and above but less than 1 year
|
1 years &
above
but less than 2
years |
2 years &
above
but less tahn 3
years |
3 years |
|
Rates of Interest (% p.a) |
| i) USD |
2.43 |
2.70 |
2.36 |
3.45 |
| ii) GBP |
2.59 |
2.89 |
2.59 |
3.65 |
| iii) EUR |
2.21 |
2.40 |
2.39 |
3.48 |
| LOANS - THE BASE RATE OF THE BANK IS 11.25% p. a. WITH EFFECT FROM 02 NOVEMBER 2011. THE BENCHMARK PRIME LENDING RATE (BPLR) OF THE BANK IS 21% p. a. WITH EFFECT FROM 02 NOVEMBER 2011. |
| |
LOANS
| 1. Housing Loan |
| Housing Loan |
Rate of Interest |
Processing Charges |
| Interest rate for purchase of house property/Flats/Construction cases. |
1% + Service Tax |
|
Maximum Loan to value 90% for loan amount upto Rs.20 lacs and Loan to value of 80% for loan amount above Rs.20 lacs
|
Loan amount upto Rs.35 lacs |
Base rate+0.25% ie., 11.50% Fixed for one year. After one year Floating rate fixed by the Bank.
(or)
Base rate+0.75% ie., 12.00% Floating linked to Base rate |
Loan amount above Rs.35 lacs |
Base rate+0.75% ie., 12.00% Fixed for one year. After one year Floating rate fixed by the Bank.
(or)
Base rate+1.25% ie., 12.50% Floating linked to Base rate. |
| For other categories |
|
Tenor of the loan |
Rate of interest |
Loan upto Rs.25 lacs |
Upto 5 years |
Base rate+0.50% ie., 11.75% floating |
Above 5 years |
Base rate+0.75% ie., 12.00% floating |
Loan Amount above Rs.25 lacs |
Upto 5 years |
Base rate+0.75% ie., 12.00% floating |
Above 5 years |
Base rate+1.25% ie., 12.50% floating |
|
| |
| |
| |
| 2. Car Loans |
| Car Loans |
Rate of interest |
Processing charges |
For new vehicle:
With LOAN TO VALUE of 80% on onroad cost
Base rate+0.75% ie., 12.00% Fixed
With LOAN TO VALUE of 90% on onroad cost
Base rate+1.25% ie., 12.50% Fixed |
1% + Service Tax |
For Pre owned car
Base rate+2.75% ie., 14% Fixed |
|
| |
| Education Loan |
| Education loan |
Rate of Interest |
Processing charges |
With Interest Subsidy: Base rate+2.00%
Without interest subsidy: Base rate + 3.75% |
1% + Service Tax |
|
| |
