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    Rates Atglance

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    ashan19800217
    1. This document provides interest rates and minimum balance requirements for various savings accounts, term deposits, loans, and locker rentals at a bank. 2. Savings accounts have interest rates of 3.50% for normal, senior citizens, and rural customers, with minimum balances ranging from Rs. 0 to Rs. 1000 depending on the type of account. 3. Term deposits have interest rates ranging from 5.50% to 9.75% depending on the maturity period. Housing loans have interest rates of 10-12.25% and personal loans have rates of 14.25-15.25%.

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    Rates Atglance

    Uploaded by

    ashan19800217
    13 views3 pages
    1. This document provides interest rates and minimum balance requirements for various savings accounts, term deposits, loans, and locker rentals at a bank. 2. Savings accounts have interest rates of 3.50% for normal, senior citizens, and rural customers, with minimum balances ranging from Rs. 0 to Rs. 1000 depending on the type of account. 3. Term deposits have interest rates ranging from 5.50% to 9.75% depending on the maturity period. Housing loans have interest rates of 10-12.25% and personal loans have rates of 14.25-15.25%.

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    1. This document provides interest rates and minimum balance requirements for various savings accounts, term deposits, loans, and locker rentals at a bank. 2. Savings accounts have interest rates of 3.50% for normal, senior citizens, and rural customers, with minimum balances ranging from Rs. 0 to Rs. 1000 depending on the type of account. 3. Term deposits have interest rates ranging from 5.50% to 9.75% depending on the maturity period. Housing loans have interest rates of 10-12.25% and personal loans have rates of 14.25-15.25%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views3 pages

    Rates Atglance

    Uploaded by

    ashan19800217
    1. This document provides interest rates and minimum balance requirements for various savings accounts, term deposits, loans, and locker rentals at a bank. 2. Savings accounts have interest rates of 3.50% for normal, senior citizens, and rural customers, with minimum balances ranging from Rs. 0 to Rs. 1000 depending on the type of account. 3. Term deposits have interest rates ranging from 5.50% to 9.75% depending on the maturity period. Housing loans have interest rates of 10-12.25% and personal loans have rates of 14.25-15.25%.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Rates at a quick glance

    NATURE RATE OF INTEREST MINIMUM BALANCE


    NORMAL SENIOR RURAL SEMI URBAN URBAN
    CITIZEN
    ACCOUNT - - - - -
    1.Savings Bank 3.50 3.50 - - -
    A/c
    A. Domestic
    a. With cheque 3.50 3.50 500 1000 1000
    book facility
    b. Without 3.50 3.50 250 500 500
    cheque book
    facility
    c. No Frills 3.50 3.50 0 0 0
    Account
    B. Non Resident 3.50 3.50
    a. NRO 3.50 3.50
    b. NRE 3.50 3.50

    2. Term Deposits
    A. Domestic Rate of Interest w.e.f 21.02.2011
    Term Deposits (All Maturities) Upto & including Rs.15 lakhs For Deposits above Rs.15
    Lakhs but less than Rs.1
    Crore

    15 days and upto 45 days 5.50 5.50


    46 days and upto 90 days 6.00 6.00
    91 days and upto 179 days 6.00 6.00
    180 days < 1 year 8.00 8.00
    1 year to less than 2 years 9.25 9.25
    2 years to less than 3 years 9.75 9.75
    3 years to less than 5 years 9.25 9.25
    5 years and above and upto 10 years 9.75 9.75
    LOANS
    RATE OF INTEREST w.e.f. 21.02.2011 Processing Charges Processing charges
    w.e.f.
    LOANS
    1.Housing Loan Upto Rs.30 lakhs More than 30 lakhs
    Floating Category
    Upto 5 years 10 10 0.60% 15.04.06
    More than 5 years & 10 10 0.60% 15.04.06
    Upto 10 years
    More than 10 years & 10 10 0.60% 15.04.06
    Upto 15 years

    More than 15 years 10 10 0.60% 15.04.06


    Fixed Category
    (With two years re-
    set clause
    Upto 5 years 12.25 12.25 0.60% 15.04.06
    More than 5 years & 12.25 12.25 0.60% 15.04.06
    upto 10 years
    More than 10 years NA NA NA NA

    2. Personal Loan -
    a)Consumer Durable NA NA NA NA
    Loan
    b)Senior Citizen Loan NA NA NA NA
    Scheme
    c)Personal Loan
    Scheme
    With check off 14.25 - 1.15% 15.04.06
    facility
    With SI/PDs 15.25 - 1.15% 15.04.06
    3.Vehicle Loan
    a.Two Wheeler 16.50 -
    Loans
    b.Three Wheeler - - -
    Loans
    c.For New Cars
    UP TO 3 YEARS 11 0.60% 15.04.06
    (LOAN Rs.7.50
    LACS& MORE
    UP TO 3 YEARS 11 0.60% 15.04.06
    (Loans below 7.50
    lacs)
    Above 3 years to 11.50 0.60% 15.04.06
    5 years (All
    Loans)
    Above 5 years to 12.25 0.60% 15.04.06
    7 years (All
    Loans)
    d. For Old Cars
    UP TO 3 YEARS 15 0.60% 15.04.06
    Above 3 years 15.25 0.60% 15.04.06
    4.Educational Loans Upto Rs.4.00 lakhs Rs.4.00 lakhs upto For studies in India=
    Rs.20 lakhs NIL
    For Studies Abroad=
    NIL
    11.25 12.75 -
    LOCKER CHARGES w.e.f. 01.04.2007
    Fee Based Services
    1.Lockers
    Type of Metro/Urban Semi Urban Rural
    Locker
    1 year 2 year 3 year 1 year 2year 3year 1year 2year 3year
    Small 750 1500 2250 650 1300 1950 600 1200 1800
    medium 1800 3600 5400 1200 2400 3600 1000 2000 3000
    large 3000 6000 9000 2500 5000 7500 2500 5000 7500
    extra 5000 10000 15000 4000 8000 12000 4000 8000 12000
    large

    Bulk Deposits: Interest Rates for Rs. 1 Crore & above w.e.f. 27.03.2010
    Tenure of deposits Single deposits of Rs. 1 Crore & above
    7 Days - 14 Days 1.50%
    15 Days - 30 Days 2.00%
    31 Days - 45 Days 2.25%
    46 Days - 90 Days 3.00%
    91 Days - 180 Days 3.50%
    181 Days - 270 Days 4.50%
    271 Days to less than 1 Year 5.25%
    1 Year and Above 6.00%

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