NATURE

RATE OF INTEREST

MINIMUM BALANCE

NORMAL

SENIOR CITIZEN

Rural

Semi Urban

Urban

ACCOUNT

1.  Savings Bank A/c           w.e.f. 03.05.2011                       

A. Domestic

a.  with cheque book facility

4.00

4.00

500

1000

1000

b.  without cheque book facility

4.00

4.00

250

500

500

c.  No Frills Account

4.00

4.00

0

0

0

B.  Non-Resident Accounts

a.  NRO

4.00

4.00

Same as domestic deposits

b.  NRE

4.00

4.00

2.  Term Deposit

A. Domestic

Rate of Interest (w.e.f. 19.12.2011)

Term Deposits (All maturities)

Below Rs.1 crore

7 to 14 days

7.00#

15 to 45 days

7.00

46 to 90 days

7.00

91 days to 180 days

8.50

181 days to < 1year

8.75

1 year to 554 days

9.50

555 days

9.75

556 days to 2 years

9.25

> 2 years to 998 days

9.25

999 days

9.75

1000 days to < 3 years

9.25

3 years to < 5 years

9.25

5 years to < 8 years

9.25

8 years to 10 years

9.25

Deposit for 18 years ( for girl child) Cir. No. PSB/PNS/34 dated 24.09.2010

9.25

# Applicable only to single deposit of Rs.15 lacs and above

BULK DEPOSIT INTEREST RATES FOR DEPOSIT OF 1 CRORE & ABOVE (w.e.f. 01.11.2011)

2 years and above

8.75%

1 Year < 2 Years

9.00%

271 days – 364 days

8.25%

241 days–270 days

8.00%

180 days – 240 days

8.00%

07 days – 179 days

8.50%

B.Non-Resident Accounts

1. NRO Accounts

Same as domestic deposits

2. NRE (All Maturities) w.e.f. 14.01.2012

1 yr to < 2 yrs.

9.25

2 yrs. to  < 3 yrs

9.25

3 yrs.to 5 yrs.

9.25

Above 5 yrs. to 10 yrs.

9.25

c. FCNR(B)

w.e.f. 01.02.2012

1 year & above but < 2 years

2 years & above but < 3 years

3 years & above but < 4 years

4 years & above but < 5 years

5 years (Maximum)

USD

2.35

1.78

1.87

2.06

2.30

GBP

3.14

2.49

2.51

2.63

2.75

EUR

2.98

2.42

2.50

2.66

2.85

JPY

1.80

1.62

1.63

1.67

1.72

CAD

3.12

2.44

2.50

2.61

2.75

AUD

6.13

5.09

5.13

5.37

5.50

CHF

1.59

1.37

1.42

1.57

1.72

DKK

2.83

2.38

2.46

2.63

2.83

SEK

4.14

3.12

3.11

3.14

3.25

NZD

4.76

4.03

4.20

4.41

4.62

RATE OF INTEREST (w.e.f. 17.08.2011)

PROCESSING CHARGES

LOANS

1.  Housing Loan*

Upto Rs 30  lakhs

More than Rs.30    Lakhs to Rs.75 Lakhs

Above Rs.75    Lakhs

Above Rs.    Lakhs

Floating Category*

11.25%

11.50%

12.00%

0.25% Max.

 20, 000/-

Fixed Category

Upto 10 years

12.75%

12.75%

-

0.25% Max.

 20, 000/-

2.  Personal Loan

a)  Loan to Pensioners

14.75%

-

-

-

b) Personal Loan scheme

17.25%

-

-

-

1.10%

3.  Vehicle Loan

a)  Two Wheeler Loans

16.75%

-

-

-

1.10%

b)  Three Wheel Loans

N.A.

c)  Car Loan

Upto 3 yrs

>3 to 5 yrs.

> 5 to 7 yrs

 For New Cars**

12.50%

12.50%

12.50%

-

0.50%

  For Old Cars

  17.00%

17.25%

17.25%

-

0.50%

4.  Educational Loans

Upto Rs. 4.00 lakhs

Rs.4.00 lakhs upto 20 lakhs

13.50%

15.00%