CATHOLIC SYRIAN BANK FIXED DEPOSIT INTEREST RATE
Our long experience in banking has given us the valuable insight that financial strength is best achieved through customer trust. Our mission is to keep thriving on this philosophy while infusing sustainable practices for the future. Our goal is to produce predictable earnings for our shareholders by rallying our employees through a dynamic and challenging environment. With such ideals in place, we trust that we can outgrow the industry average growth level and climb to a business volume of Rs 34,000 crore, and also reach a net worth level of above Rs 700 crore by 2015. Besides, we are geared to increase our branch presence to 500 centers, covering all prominent locations in India by 2015.
Interest Rates on Domestic Term Deposits(% Per Annum)
(Effective from 01-09-2013) |
|
| Period | Below Rs 100 Lac | | 7 to 14 days (Minimum amount of deposit Rs 5 lac) | 5.00 | | 15 days to 29 days | 5.00 | | 30 days to 90 days | 9.00 | | 91 days to 179 days | 7.50 | | 180 days to 364 days | 8.25 | | 365 days to and including 24 months | 9.50 | | above 24 Months to and including 120 months | 8.75 |
|
| Interest Rate for Acharya Deposits effective from 01.09.2013 |
|
| Below Rs 100 Lac | Rs 100 Lac & above | | 180 Days to 364 Days | 8.75 | 8.75 | | 365 Days to and including 24 months | 10.00 | 10.00 | | Above 24 months to and including 120 months | 9.25 | 9.25 |
|
Effective from 01.01.2007, where term deposits (opened on or after 01.01.2007) are closed prematurely, the rate of interest payable shall be the one as applicable for the period for which the deposit actually remained with the bank, ruling on the date of the deposit, less 1% penalty.
Annualised Yield for Domestic Term Deposits (% Per Annum) |
|
| Period | Deposits of less than Rs 100 lac | | 12 months | 9.84 | | 24 months | 10.33 | | 36 months | 09.88 | | 48 months | 10.34 | | 60 months | 10.83 | | 72 months | 11.35 | | 84 months | 11.90 | | 96 months | 12.48 | | 108 months | 13.10 | | 120 months | 13.76 | | Annualised Yield for Tax Saving FD | 24.04 |
|
| Period | Annualised Yield for Deposits of less than Rs 100 lac (% p.a.) | Annualised Yield for Deposits of Rs 100 lac and above (% p.a.) | | 12 months | 10.38 | 10.38 | | 24 months | 10.92 | 10.92 | | 36 months | 10.52 | 10.52 | | 48 months | 11.04 | 11.04 | | 60 months | 11.59 | 11.59 | | 72 months | 12.18 | 12.18 | | 84 months | 12.81 | 12.81 | | 96 months | 13.48 | 13.48 | | 108 months | 14.19 | 14.19 | | 120 months | 14.95 | 14.95 | | Annualised Yield for Tax Saving FD | 25.13 | 25.13 |
|
Interest Rates on Domestic Savings Bank Deposits (w.e.f. 03/05/2011) |
|
| Domestic Savings Bank Deposits | 4.00% p.a. |
|