Fixed Deposit Interest Rates ā€“ W.E.F. 01-01-2013
General / Fortune / Corporate Fixed Deposits
Period
Monthly
Annually
Maturity
Months
Simple
AER
Simple
AER
Simple
AER
1
13.00%
13.80%
13.00%
13.80%
3
13.10%
13.92%
13.25%
13.92%
6
13.25%
14.09%
13.50%
13.96%
12
13.50%
14.37%
13.75%
13.75%
13.75%
13.75%
24
13.75%
14.65%
14.00%
14.00%
14.25%
13.36%
36
14.00%
14.93%
14.25%
14.25%
14.50%
12.79%
48
14.25%
15.22%
14.50%
14.50%
14.60%
12.19%
60
14.50%
15.50%
14.60%
14.60%
14.75%
11.68%
Senior Citizen Fixed Deposits (Depositors who are 55 years of age or over on the date of Deposit) 1.00% above the "General" FD Rate ā€“ in the event of Joint Senior Citizen FDā€™s, all depositors must be 55 years or more on the date of deposit
Unfixed Deposits: Deposits can be prematurely withdrawn after one month from the date of deposit without penalty ā€“ 15.75% pa for a 12 month deposit Interest Payable on maturity.