![]() ![]() But no interest will be payable where premature withdrawal of deposits takes place before completion of the minimum period prescribed for NRE & FCNR (B) Term Deposits (i.e. Thus, where NRE & FCNR (B) term deposits are closed prematurely on orafter, the rate of interest payable shall be the one as applicable for theperiod for which the deposit actually remained with the bank, ruling on the date of thedeposit,without deducting any penalty. No penalty will be levied for premature closure of NRE & FCNR (B) term deposits w.e.f. Please confirm the interest rates with any of our nearby branches before remittance. INTEREST RATES (P.A.) ON NON-RESIDENT SAVINGS BANK DEPOSITS (W.E.F. 24-08-2023)Ģ.75% for amount above Rs 1 lakh & up to Rs 25 lakhĢ.75% for amount above Rs 1 Lakh & up to Rs 25 Lakhģ.50% for amount above Rs 25 Lakh and up to Rs 50 LakhĤ.00% for amount above Rs 50 Lakh & up to Rs 1 Croreģ.50% for amount above Rs 25 Lakh & up to Rs 50 LakhĤ.25% for amount above Rs 1 Crore & up to Rs 2 CroreĤ.50% for amount above Rs 2 Crore & up to Rs 5 Croreĥ.00% for amount above Rs 5 Crore & up to Rs 25 Croreĥ.50% for amount above Rs 1 lakh & up to Rs 50 CroreĦ.00% for amount above Rs 1 lakh & up to Rs 150 Croreħ.65% for amount above Rs 1 lakh & up to Rs 200 Crore INTEREST RATES (P.A.) ON DOMESTIC SAVINGS BANK DEPOSITS (W.E.F.
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