Time Period Bank(s) Interest rate
15 - 29 days Barclays Bank 6.75%
30 - 45 days Barclays Bank,
DBS Bank 7.25%
46-60 days Oriental Bank of
Commerce 8.25%
61 - 90 days Oriental Bank of
Commerce 8.25%
91 - 179 days ING Vysya Bank 10.00%
180 - 364 days State Bank of
Hyderabad 10.25%
1 yr - 2 yrs DBS Bank 11.25%
2 yrs - 3 yrs CUB, KVB, LVB 11.00%
3 yrs - 5 yrs Karnataka Bank 11.00%
In addition to the above, there are "Special Deposit Rates" offered by banks which are as follows:
Bank Rate Term (Days)
ICICI Bank 10.50% 890
City Union Bank 11.30% 1000
Federal Bank 10.00% 365
Standard Chartered 10.00% 401
ING Vysya Bank 10.50% 365
Tamilnad Mercantile
Bank 11.00% 1095
Please note that these special deposit rates are applicable only if you choose the specified term mentioned above.
Make best use of this opportunity to lock in your fixed deposits componenet of your asset allocation.
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