Tuesday, July 31, 2012

revised interest rates for Domestic Term Deposits : 1st July 2012

The revised interest rates for Domestic Term Deposits

‘Below Rupees One Crore’ effective from the 1st July 2012

would be as under:



Tenor
Below Rs.15 Lakhs
Rs.15 lakhs to less than Rs. 1 Cr
Existing Rates
w.e.f. 08.06.2012
Revised rates
w.e.f.
01.07.2012
Existing Rates w.e.f. 08.06.2012
 
Unchanged
7 days to 90 days
7.00
7.00
8.00
8.00
91 days to 179 days
7.00
7.00
8.00
8.00
180 days
7.00
7.00
8.00
8.00
181 days to 240 days
7.25
7.25
8.00
8.00
241 days to less than 1 year
7.50
7.50
8.00
8.00
1 year to less than 2 years
9.00
9.00
9.00
9.00
2 years to less than 3 years
9.00
9.00
9.00
9.00
3 years to less than 5 years
8.75
9.00
9.00
9.00
5 years and up to 10 years
8.75
8.75
9.00
9.00

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