Category Archives: Fixed Deposit Plans

Feb 2016 Fixed Deposit Interest rates of All Banks in India

Get details on Best & high interest rates on FD’s with Top Bank like – SBI, HDFC, ICICI, Axis, Kotak, Federal bank, Canara Bank, Indian Bank, Union Bank, Bank of India etc.

Bank Name
Interest Rates
Time Period
Investment Amount
Bassein Catholic Co-operative Bank 9.75 Above 12 Months to 18 Months Less than Rs. 15 lakh
Shamrao Vithal Co-operative Bank 9.15 AV Deposit Scheme – 366 Days (Simple Interest) Less than Rs. 1 cr
The Ratnakar Bank 9.1 12 month to less than 24 month Less than lakh to Rs. 1 cr
Catholic Syrian Bank 8.85 400 days (Acharya Deposits) Less than Rs. 1 cr
DCB Bank 8.65 13 months to less than 24 months Less than Rs. 1 cr
Yes Bank 8.6 21 Months 10 Days to 21 Months 20 Days Less than Rs. 1cr
Tamilnad Mercantile Bank 8.6 555 days Less than Rs. 1 cr
Union Bank of India 8.55 1 years Less than Rs. 1 cr
State Bank of Patiala 8.52 1 year to 555 days Less than Rs. 1cr
Dena Bank 8.5 365 days Less than Rs. 1cr
Zoroastrian Co-operative Bank 8.5 15 months only Less than Rs. 1 cr
Bombay Mercantile Co-operative Bank 8.5 Above 1 year to less than 2 years Less than Rs. 1cr
HDFC Bank 8.5 1 year 5 days – 1 Year 15 Days Less than Rs. 1 cr
Indus Ind Bank 8.5 1 years 2 months to below 2 years Less than Rs. 15 lakh
Central Bank of India 8.35 555 days Less than Rs. 1cr
UCO Bank 8.3 1 year less than Rs. 1 cr
South Indian Bank 8.25 Above 15 months to less than 2 years Less than Rs. 1 cr
Federal Bank 8.25 18 Months to less than 2 years Less than Rs. 1 cr
Kotak Bank 8.25 700 days (23 months) Less than Rs. 1 cr
Punjab National Bank 8.25 1 year Less than Rs. 1 cr
IDBI Bank 8.25 1 yrs to less than 2 yrs less than Rs. 1cr
State Bank of Travancore 8.25 1 year to less than 2 years Less than Rs. 1cr
ICICI Bank 8.25 390 days to less than 2 years Less than Rs. 15 lakh
State Bank of Hyderabad 8.25 1 year to less than 2 years Upto Rs. 1 cr
State Bank of Bikaner and Jaipur 8.25 1 year Less than Rs. 1 cr
Axis Bank 8.2 18 months to less than 2 years Less than Rs. 1 cr
Standard Chartered Bank 8.15 376 days to 390 day Less than Rs. 1 cr
Corporation Bank 8.15 1 year to less than 1 year and 6 months Less than Rs. 1 cr
Allahabad Bank 8.1 1 year to less than 2 years Less than Rs. 1 cr
Syndicate Bank 8 1 year exact Less than Rs. 1cr
Vijaya Bank 8 1Year Less than Rs. 1 cr
Oriental Bank of Commerce 8 1 year to less than 2 years Less than Rs. 1 cr
Indian Overseas Bank 8 1 year to less than 2 years Upto Rs. 1 cr
Canara Bank 8 1 year Less than Rs. 1cr
State Bank of India (SBI) 8 456 days to less than 2 years Less than Rs. 1 cr
Citi Bank 7.75 365 days to 400 days Less than Rs. 1 cr
Royal Bank of Scotland 7.75 1 year to less than 2 years Less than Rs. 1 cr
United Bank of India 7.5 Above1 years to less than 2 years Less than Rs. 1 cr
Deutsche Bank 7.25 Above 1 year to 1.5 years Less than Rs. 1 cr
HSBC 6.75 401 days to less than 18 months Less than Rs. 1cr

Corp Bank – Fixed Deposit Scheme Details

The High Returns Deposit
Scheme
  • A regular income scheme in which interest can be paid at regular intervals viz. monthly, quarterly, half yearly or yearly at the option of the depositor.
Who can open :
  • An Individual in his/her own name.
  • Individuals in their joint names with suitable repayment instructions.
  • Minor represented by parents / guardian.
  • Clubs, Societies, Associations, Educational Institutions, Trusts, Firms, Partnerships, Joint Stock Companies, Executors, Administrators, HUFs, Govt. Departments, etc.
Period of Investment
  • 7 Days to 120 months (FDs of Rs. 1 cr & above)
  • 15 Days to 120 months (FDs of any amount)
Amount of Deposit
  • Minimum Rs.500/- in Rural & Semi Urban Branches & Rs.1,000/- in Urban, Port town & Metro Branches.
  • No Maximum Limit on deposit.
Rate of Interest
  • The rate of interest depends on the period of deposit, payable at the rate as decided by the Bank from time to time.
Interest Payment Frequency
  • Monthly / Quarterly / Half Yearly / Yearly as per the option of the Depositor
TDS on Interest Amount
  • TDS shall be deducted at applicable rate on entire interest amount once it crosses Rs.10,000/-during the financial year
Add-ons
  • Nomination facility
  • Premature closure facility as per the rules lay down by the Bank.
  • Loan facility up to 90% on the deposit, while for 3rd party deposit, it is up to 75%

Corp Bank – Moneyflex Deposit – flexible fixed Deposit Scheme

Scheme
  • A Deposit Scheme which allows withdrawal of part of the deposit in units of Rs.1,000/- at any time, without the necessity of prematurely closing the entire deposit account.
Who can open :
  • An Individual in his/her own name.
  • Individuals in their joint names with suitable repayment instructions.
  • Minor represented by parents / guardian.
  • Clubs, Societies, Associations, Educational Institutions, Trusts, Firms, Partnerships, Joint Stock Companies, Executors, Administrators, HUFs, Govt. Departments, etc.
Period of Investment
For Money Flex KCC

6 months to 120 months

For Money Flex FD of Rs. 1 Cr & above

7 Days to 120 months

For Money Flex FD of below Rs. 1 Cr

15 Days to 120 months

Amount of Deposit
  • Minimum Rs.5000/- and thereafter in multiples of Rs.1,000/-.
  • No Maximum Limit on deposit amount.
Rate of Interest
  • The rate of interest depends on the period of deposit, payable at the rate as decided by the Bank from time to time.
Interest Payment Frequency
  • In case of Money Flex FD, interest is paid at quarterly intervals till maturity.
  • In case of Money Flex KCC: Interest is compounded quarterly and is paid on maturity.
Withdrawals
  • No need to close the entire deposit, if part of the amount is required. Part of the deposit in units of Rs.1,000/- can be withdrawn prematurely while continuing the remaining deposit.
Add-ons
  • Nomination facility
  • Premature closure facility as per the rules lay down by the Bank.
  • Loan facility up to 90% on the deposit, while for 3rd party deposit, it is up to 75%

Corp Bank – Kshemanidhi Cash Certificate – Money Multiplier Deposit Scheme

Scheme
  • A re-investment Term Deposit scheme where the deposit amount grows rapidly as interest is compounded quarterly.
Who can open :
  • An Individual in his/her own name.
  • Individuals in their joint names with suitable repayment instructions.
  • Minor represented by parents / guardian.
  • Clubs, Societies, Associations, Educational Institutions, Trusts, Firms, Partnerships, Joint Stock Companies, Executors, Administrators, HUFs, Govt. Departments, etc.
Period of Investment
  • Minimum 6 months and maximum 120 months.
Amount of Deposit
  • Minimum Rs.500/- in Rural & Semi Urban Branches & Rs.1,000/- in Urban, Port town & Metro Branches.
  • No Maximum Limit on deposit.
Rate of Interest
  • The rate of interest depends on the period of deposit, payable at the rate as decided by the Bank from time to time.
Interest Payment Frequency
  • Interest will be compounded quarterly, credited to the account half-yearly and paid on maturity.
Add-ons
  • Nomination facility
  • Premature closure facility as per the rules lay down by the Bank.
  • Loan facility up to 90% on the deposit, while for 3rd party deposit, it is up to 75%

Uco Bank Interest Rates on Deposits, Term Deposits

Uco Bank Rate(s) of interest on Domestic Term Deposits, stands revised with effect from 19.06.2014

Domestic Term Deposit rates for less than Rs. 1 Crore

Maturity Period Revision in Rate w.e.f. 19.06.2014
General For Senior Citizen
Interest Rate in % p.a. Annua- lised yield in % Interest Rate in % p.a. Annua- lised yield in %

7-14 days

7.50

7.50

7.75

7.75

15-29 days

7.50

7.50

7.75

7.75

30-45 days

7.50

7.50

7.75

7.75

46-60 days

7.50

7.50

7.75

7.75

61-90 days

7.50

7.50

7.75

7.75

91-120 days

8.25

8.25

8.50

8.50

121-150 days

8.25

8.28

8.50

8.53

151-180 days

8.50

8.56

8.75

8.81

181-364 days

8.75

8.85

9.00

9.10

1 year

9.10

9.41

9.35

9.68

More than 1 year but up to 2 years

9.00

9.31

9.50

9.84

Above 2 years and up to 3 years

9.00

9.74

9.50

10.33

Above 3 years and less than 5 years

9.00

10.20

9.50

10.85

5 years and above

8.75

10.83

9.25

11.59

 

NOTE-1 The deposits rates on the above term slab shall be applicable for all deposits less than Rs 1 Cr contracted afresh/renewal hereafter.
NOTE-2 The incentive rate of interest to Sr. Citizen payable on deposit amount of less than Rs. 1 crore as under.
Term Additional Interest Payable
Deposits maturing upto 1 Year 0.25%
Deposits maturing above 1 Year 0.50%
NOTE-3 The additional rate payable on the deposits of Staff/Ex-staff/Ex-staff Sr. Citizen is as per the following
Category Term Additional Rate Payable
Staff/Ex-Staff All Terms 1.00%
Ex-Staff Sr. Citizen All Terms 1.25%
NOTE-4 The overall amount ceiling for Ex-staff/ Ex-Staff Sr. Citizen to receive incentive rate shall be equal to his Terminal benefits + Rs.10 lacs

Revision in rate of interest in Term Deposits of Rs. 1 crore and above upto & including Rs. 5.00 crore – rates effective from – 07.05.2014

a) Term Deposits Of Rs. 1.00 Crore and above – upto & including Rs. 5.00 Crore

CHO/RM/02/2014-15

Sr. No.

Time Period

Term Deposit of Rs. 1.00 Crore and
above upto & including Rs. 5.00 Cr

Revised Rate w.e.f 07.05.14

01.

7 – 14 Days

5.00%

02.

15 – 29 Days

5.50%

03.

30 – 45 Days

7.25%

04.

46 – 60 Days

7.50%

05.

61 – 90 Days

8.10%

06.

91 – 120 Days

8.50%

07.

121 – 150 Days

8.50%

08.

151 – 183 Days

8.75%

09.

184 to Less than 1 year

8.90%

10.

1 year

9.00%

11.

More than 1 year upto 2 Years

8.75%

12.

Above 2 Years upto 3 Years

8.75%

13.

Above 3 Years and less than 5 Years

8.75%

14.

5 years and above

8.75%

 

b) Term Deposits above Rs. 5.00 Crores – rates effective from – 04.07.2014

T&I: MUM :TDR:010:2014-15

Sr. No. Time Period Term Deposit above Rs. 5.00 Cr
1

7 – 14 Days

6.50

2

15 – 30 Days

6.75

3

31 – 60 Days

8.20

4

61 – 90 Days

8.40

5

91 – 130 Days

8.55

6

131 – 183 Days

8.65

7

184 – 269 Days

8.75

8

270 – 349 Days

8.85

9

350 – 375 Days

8.90

10

376 Days – < 2 Years

8.50

11

2 Years but < 3 Years

8.50

12

3 Years but < 5 Years

8.25

13

5 Years & above

8.25