BCB LOGO
RATE OF INTEREST ON TERM DEPOSITS (DOMESTIC AND NRO#)  W.E.F. 7th January 2019
( % per annum)
Duration
Below Rs. 15 Lakhs
Rs. 15 Lakhs & above to less than 1 Crore
General Public
Senior Citizen
General Public
Senior Citizen
7 Days upto 29 Days
4
4
4
4
30 Days upto 60 Days
5
5
5
5
61 Days upto 90 Days
6
6
6
6
91 Days upto 180 Days
6.5
6.5
6.5
6.5
181 Days to less than 1 year
7
7
7
7
1 year to 2 Years
8
8.25
8.25
8.5
Above 2 Years to 5 Years
7.5
7.75
7.75
8
Above 5 Years
7.65
8.1
7.9
8.35
Unfixed Deposit Scheme (Rs. 15 Lakhs & Above)
(7 days - 90 days)
@ 6.00 %
Unfixed Deposit Scheme II ( Rs.15 Lakhs & Above)
(31 days - 91 days)
@ 6.50 %
Unfixed Deposit Scheme III ( Rs.1 crore & Above)
(7 days - 91 days)
@ 6.50 %
333 Days (Simple Interest)
(Discontinued w.e.f . 07/01/2019)
33 Months Scheme (Scheme is applicable for deposits under NRE/NRO category also. No additional interest rate applicable to Senior Citizen, MID/QID/Qtrly Compounding)
@8.25 % p.a
Senior Citizen Deposit Scheme (3 years)
(MID/QID only)
@8.60 % p.a

Flexi Fixed Deposit Current Account (29 days)

@ 4.00 %

Flexi Fixed Deposit Saving Account(90 days)

@ 6.00 %

Bharat Deposit Tax Benefit Scheme ( Maximum Rs. 1.50 Lakh can be invested by an individual per Financial Year )

@ 7.75 % p.a for 5 Years

i. Charge of 1% will be levied on PRE-MATURE CLOSURES.
ii. Charge of 0.25% will be levied on PRE-MATURE RENEWALS.
# No additional rate of interest shall be applicable to Senior Citizen for deposits under NRO category

 

 

 

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