Friends,
State Bank of Patiala has also changed their interest rates w.e.f. 13.09.2012. This bank is still providing Interest on Term deposit/Fixed Deposit @ 9.25% for 1 year to 555 days which is higher than the interest rates of State Bank of India.
RATES
AT QUICK GLANCE AS ON 13.09.2012
Deposit Accounts
NATURE
|
RATE OF INTEREST
|
MINIMUM BALANCE
|
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NORMAL
|
SENIOR CITIZEN
|
Rural
|
Semi Urban
|
Urban
|
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ACCOUNT
|
||||||||||||||
1. Savings Bank A/c w.e.f. 03.05.2011
|
||||||||||||||
A. Domestic
|
||||||||||||||
a. with cheque book
facility
|
4.00
|
4.00
|
500
|
1000
|
1000
|
|||||||||
b. without cheque book facility
|
4.00
|
4.00
|
250
|
500
|
500
|
|||||||||
c. No Frills Account
|
4.00
|
4.00
|
0
|
0
|
0
|
|||||||||
a. NRO
|
4.00
|
4.00
|
Same as domestic
deposits
|
|||||||||||
b. NRE
|
4.00
|
4.00
|
||||||||||||
2. Term Deposit
|
||||||||||||||
A. Domestic
|
Rate of Interest (w.e.f. 13.09.2012)
|
|||||||||||||
Term Deposits (All maturities)
|
Below
Rs.15 Lacs
|
Rs.15 Lacs to less than Rs.1 Crore
|
||||||||||||
7 to 14 days
|
7.00
|
8.00
|
||||||||||||
15 to 45 days
|
7.00
|
8.00
|
||||||||||||
46 to 90 days
|
7.00
|
8.00
|
||||||||||||
91 days to 180
days
|
8.00
|
8.00
|
||||||||||||
181 days to 270
days
|
8.25
|
8.25
|
||||||||||||
271 days
to<1year span="span">
|
8.25
|
8.25
|
||||||||||||
1 year to 554
days *
|
9.25
|
9.25
|
||||||||||||
555 days
|
9.25
|
9.25
|
||||||||||||
556 days to
<2 span="span" years="years">
|
9.00
|
9.00
|
||||||||||||
2
years to <3 span="span" years="years">
|
9.00
|
9.00
|
||||||||||||
3 years to <
5 years
|
9.00
|
9.00
|
||||||||||||
5 years to 10
years
|
8.75
|
8.75
|
||||||||||||
Deposit for 18
years (for girl child) Cir. No. PSB/PNS/34 dated 24.09.2010
|
8.75
|
8.75
|
||||||||||||
* Interest rate 9.25 % available upto 29.09.12, thereafter it will be
9.00.
|
||||||||||||||
BULK DEPOSIT
INTEREST RATES FOR DEPOSIT OF 1 CRORE & ABOVE BUT UPTO
RS.10.Crore (w.e.f. 13.09.2012)
|
||||||||||||||
7 to 14 days
|
8.00
|
|||||||||||||
15 to 45 days
|
8.00
|
|||||||||||||
46 to 90 days
|
8.00
|
|||||||||||||
91 days to 180
days
|
8.00
|
|||||||||||||
181 days to 270
days
|
8.00
|
|||||||||||||
271days to
<1year span="span">
|
8.00
|
|||||||||||||
1 year to 554
days *
|
9.25
|
|||||||||||||
555 days
|
9.25
|
|||||||||||||
556 days to<
2 years
|
9.00
|
|||||||||||||
2years to <
3years
|
9.00
|
|||||||||||||
3 years to <
5 years
|
9.00
|
|||||||||||||
5 years to
<10 span="span" years="years">
|
8.75
|
|||||||||||||
* Interest rate 9.25 % available upto 29.09.12, thereafter it will be
9.00.
|
||||||||||||||
B.Non-Resident
Accounts
|
||||||||||||||
a. NRO Accounts
|
Same
as domestic deposits
|
|||||||||||||
b. NRE (All Maturities) w.e.f.13.09.2012
|
||||||||||||||
Below Rs.15 Lacs
|
Rs.15 Lacs to less than
Rs.1 Crore
|
|||||||||||||
1 year to 554 days *
|
9.25
|
9.25
|
||||||||||||
555 days
|
9.25
|
9.25
|
||||||||||||
556 days to 2years
|
9.00
|
9.00
|
||||||||||||
2years to < 3
years
|
9.00
|
9.00
|
||||||||||||
3 years to 5
years
|
9.00
|
9.00
|
||||||||||||
>5 years to
10 years
|
8.75
|
8.75
|
||||||||||||
* Interest rate 9.25 % available
upto 29.09.12, thereafter it will be 9.00.
|
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