LVB offers fixed deposits for planned expenditure or savings. The deposit period ranges from 15 days to 10 years. The minimum deposit amount is Rs.100, there is no limit on the maximum amount. Loan and nomination facility is available to the depositors.
The senior citizens get a 9.30% interest per annum for maturity periods 1 year and above but less than 2 years, for 2 years and above up to 899 days, for 901 days to less than 3 years and for 3 years and above but less than 5 years. 9.50% interest per annum for a period of 900 days and 9.25% interest per annum for a period of 5 years and above.
The tenure ranges from 14 days to 10 years. The minimum deposit is Rs.10,000. Loans are available against fixed deposits. The maximum drawing power is up to 80% of the value of the fixed deposit. On maturity, the deposit is automatically renewed so that the money is not idle.
The interest rates per annum for domestic deposits less than Rs.1 crore is:
The interest rate per annum for NRO fixed deposit less than Rs.1 crore is:
For NRE fixed deposits less than Rs.1 crore, the interest per annum is:
Canara bank offered safe and liquid fixed deposits with high returns. The minimum amount is Rs.1,000, there is no limit to the maximum amount. The tenure for the fixed deposit ranges from 15 days- 120 months. Loans are available against the deposit.
Term deposits for general public for deposits less than Rs.1 crore:
Term deposits for Senior Citizen for deposits less than Rs.1 crore:
For the deposits, which you can withdraw before the tenure ends, the interest rates per annum are as follows:
For the deposits, which you cannot withdraw before the tenure ends, the interest rates per annum are as follows:
Karnataka Bank offers 0.5% additional interest over the general rate on the fixed deposits up to and inclusive of Rs.3 crore. The rates are as follows: For deposits up to and inclusive of Rs.1 crore:
For deposits between Rs.1 crore – Rs.3 crore: 9% interest p.a. is provided for deposit period of 1-2 years.
Yes bank offers the following interest rates for senior citizens:
The senior citizens with single fixed domestic deposit less than Rs.1 lakh will get the following interest rates:
The interest on term deposits for domestic and NRO deposits for the senior citizen are:
The interest rates are for the domestic term deposits one year and above except for Dhanam Tax Advantage deposit.
The interest rates for the domestic and NRO deposits are:
The interest rate for Acharya Deposits for below Rss.1 lakh, Rs.1 lakh and above are as follows:
For the amount less than Rs.1 crore, Rs.1 crore till Rs.5 crore, the senior citizens get 9% interest p.a. for the following term:
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.