This deposit scheme is for customers who wish to invest for a short period to avail an excellent return on their investment. Under this scheme, the profit is payable on maturity.
Period
Upto Rs.5 Million
Above Rs.5 Million
1 month
8.50%
8.75%
3 months
9.75%
10.00%
6 months
10.25%
10.50%
1 year
11.00%
11.25%
Note:
1 month = 30 days
If early encashment takes place after first month and before the end of maturity period, the rate will be applied for investments falling in respective maturities.