US Dollars Term Deposit: w.e.f. 30.08.2024
Sr no |
Tenor (A) |
Up to 1 Mio Interest rate (B) |
1 Mio and above Interest rate (C) |
Remarks |
---|---|---|---|---|
1. | 7d to 1m | 4.70% | 4.80% |
20 bps penalty on interest in case of premature closure (on the rate applicable for actual deposit tenor) Interest will be calculated on actual / 360 days (simple interest) |
2. | 1m 1d to 3m | 5.10% | 5.20% | |
3. | 3m 1d to 6m | 5.25% | 5.35% | |
4. | 6m 1d to 9m | 5.30% | 5.40% | |
5. | 9m 1d to 12m | 5.35% | 5.45% | |
6. | 1 Yr 1d to 3 Yrs | 4.40% | 4.50% | |
7. | 3Yrs 1d to 5 Yrs | 3.90% | 4.00% |
Interest Rate on Savings
Savings Account | 2.5% |
Current Account | Nil |
For more information, please connect with us through email to ibu@statebank.com