RATES AT QUICK GLANCE AS ON 01.05.

2012
Deposit Accounts
NATURE

RATE OF INTEREST
NORMAL

SENIOR
CITIZEN

MINIMUM BALANCE
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 4.00

facility

4.00

250

500

500

c. No Frills Account

4.00

4.00

B. Non-Resident Accounts
a. NRO

4.00

4.00

b. NRE

4.00

4.00

Same as domestic
deposits

2. Term Deposit
A. Domestic
Term Deposits (All maturities)

Rate of Interest (w.e.f. 01.05.2012)

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

8.00

181 days to < 1year

8.25

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

9.25

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 days270 days

8.00%

180 days 240 days

8.00%

07 days 179 days

8.50%

B.Non-Resident Accounts
a. NRO Accounts
b. NRE (All Maturities) w.e.f.
01.05.2012

Same as domestic deposits

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

9.25

1000 days to < 3 years

9.25

3 years to 5 years

9.25

> 5 years to 10 years

9.25

c. FCNR(B)
w.e.f.
01.06.2012

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

3.07

2.63

3.71

3.87

4.04

GBP

3.84

3.22

4.24

4.31

4.42

EUR

3.23

2.89

3.97

4.07

4.21

JPY

2.55

2.33

3.35

3.39

3.43

CAD

4.04

3.35

4.42

4.50

4.58

AUD

6.60

4.98

6.11

6.35

6.48

CHF

2.39

2.10

3.16

3.22

3.35

DKK

3.42

2.89

3.95

4.06

4.21

5.47

4.45

5.62

5.82

6.03

4.80

3.80

4.80

4.83

4.90

NZD
SEK
RESIDENT FOREIGN CURRENCY (RFC) ACCOUNTS
Interest rates on RFC Accounts have been kept at par with FCNR (B) deposit rates which are as under:
Period
1 year and upto less than 2 years
2 years and upto less than 3 years
3 years only

USD % p.a

3.07
2.63
3.71

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

PROCESSING
CHARGES

LOANS
1. Housing

Upto Rs 30
lakhs

More than
Rs.30
Lakhs to
Rs.75 Lakhs

Above Rs.75
Lakhs

Floating
Category
w.e.f.
21.05.2012
Fixed Category

10.75%

10.75%

11.50%

Upto 10 years

12.75%

12.75%

Loan

Above Rs.
Lakhs

0.25% Max.
20, 000/-

0.25% Max.
20, 000/-

2. Personal
Loan
a) Loan to
Pensioners

14.75%

b) Personal
Loan scheme

17.25%

1.10%

a) Two Wheeler
Loans

16.75%

1.10%

b) Three Wheel
Loans

N.A.

3. Vehicle Loan

c) Car Loan

Upto 3 yrs

>3 to 5 yrs.

> 5 to 7 yrs

For New Cars

w.e.f.
26.04.2012

11.25%

11.25%

11.25%

0.50%

For Old Cars

17.00%

17.25%

17.25%

0.50%

4. Educational
Loans w.e.f.
19.04.2012

Scholar Loan

Upto Rs. 7.50 lakhs

Rs.7.50 lakhs upto 20 lakhs

13.50%

13.00%

12.00%

12.00%
(upto Rs.15 lacs)

(upto Rs.15 lacs)