DOWNLOAD LATEST UPDATED 7TH PAY CALCULATOR (PROJECTED) W.E.F. 01.01.2016 WITH MOST EXPECTED PAY STRUCTURE CLICK HERE

Interest Rate on Fixed Deposit revised by Oriental Bank of Commerce.

Interest Rate on Fixed Deposit has been revised by Oriental Bank of Commerce on new coming F.D. and on Renewal of deposits on and after 28.11.2011. In this regard when you deposits on differential rate of interest irrespective of amount, prior approval for interest rates, quantum of deposits and any other waiver of terms of deposits to be obtained from General Manager (Treasury) Head Office of Oriental Bank of Commerce.

The above revised Card Rates for Domestic Term Deposits shall be applicable on fresh deposits accepted and renewal of deposits on and/or after 28.11.2011. Rates of Interest applicable for the Senior Citizens shall be 0.50% over and above the Card Rates.

Interest Rates on Deposits and on Term Deposits with effect from 28.11.2011

Maturity period (Buckets)

Term Deposits less than Rs 15 Lacs

Term Deposits of Rs 15 Lacs and above but less than Rs 1 Crore

Term Deposits of Rs 1 Cr & above

7 days to 14 days

4.00%

4.00%

8.50%

15 days to 30 days

4.50%

4.50%

8.50%

31 days to 45 days

5.00%

5.00%

8.50%

46 days to 90 days

5.75%

5.75%

8.50%

91days to 179 days

8.00%

8.00%

9.10%

180 days to 269 days

9.00%

9.00%

9.35%

270 Days to less than 1 year

9.00%

9.00%

9.35%

1 year to less than 2 year

9.75%

9.75%

9.75%

2 Years to less than 3 year

9.25%

9.25%

9.25%

3 Years to less than 5 Years

9.25%

9.25%

9.00%

5 Years to 10 years

9.25%

9.25%

8.75%


Note: Interest rates are liable to change without prior notice

GET FREE EMAIL UPDATES

Join us for free and get valuable content delivered right in your inbox.