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Home >> Products and Services >> Rate Of Interests>> Domestic Deposit Interest Rates
 
INTEREST RATES ON DEPOSITS
 
Period of Deposit / Tenors

Rates of Interest
(% p.a.)
(w.e.f. 09.04.2013)

Less than Rs 1 Crore

Rs 1 Crore & Above ##

7 days to 14 days

5.00

5.20

15 days to 30 days

5.50

5.70

31 days to 45 days

5.75

5.95

46 days to 60 days

6.00

6.20

61 days to 90 days

6.50

6.70

91 days to 120 days

7.30

7.40

121 days to 179 days

7.50

7.60

180 days to 269 days

7.75

7.85

270 days to 363 days

8.50

8.60

364 days & 1 year exact

9.00

9.00

Above 1 yr up to 2 yrs

8.50

8.50

Above 2 yrs up to 5 yrs

8.00

8.00

Above 5 yrs up to 10 yrs

8.00

8.00
  • ## For Term Deposits of Rs 5.00 Crores and above, the rate quoted above under "Rs. 1 Crore and Above" are only indicative and Customers are to contact the nearby Branch for specific rates for the day.
  • Additional interest of 0.50% over the card rate is payable to Resident Indian Senior Citizens on Domestic Term Deposits of less than Rs 5 crore and the maturity tenor of one year and above only. (Not applicable to NRO deposits).
  • Employees / eligible Ex-employees are eligible for an additional interest of 1% over the card rate irrespective of the amount and tenor of deposit (Not applicable on NRO deposits).
  • Eligible ex-employees, who are Senior Citizens and eligible for an additional interest of 1% payable to employees / eligible ex-employees are also eligible for an additional interest of 0.50% payable to Resident Indian Senior Citizens on domestic term deposits of less than Rs 5 crore & maturity tenor of one year and above only.

Note :

  1. The above rates are subject to revision from time to time.
  2. Customers may contact the nearest branch of Syndicate Bank for details.

 

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