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2nd November 2015, 05:08 PM
Super Moderator
 
Join Date: Apr 2013
Re: Corporation Bank Base Rate

Here I am providing current base rate and interest rate for deposits of Corporation Bank:

Base Rate: 10%

Deposit Rate
Term Deposits [% per annum with effect from 5th October 2015]

Maturity Band Less than Rs.1 Crore(applicable for domestic,
NRO and Capital Gains deposits)
7 to 14 days 5.5
15 to 45 days 6
46 to 60 days 6
61 to 90 days 6.25
91 to 120 days 7
121 to 180 days 7
181 to 270 days 7
271 days to less than 1 year 7
1 year only 7.25
Above 1 year to less than 2 years 7.25
2 years & above 7.25

NRE Term Deposits [ % per annum with effect from 5th October 2015]
Maturity Period Less than Rs.1 crore Rs.1 Crore & above
12 months only 7.25 7.25
Above 12 months to less than 2 Years 7.25 7.25
2 years and above 7.25 7.25

Interest Rates on FCNR(B) Deposits [with effect from 1st October, 2015]
Period USD GBP EUR AUD CAD
1 year to less than 2 years 1.6 1.76 1.13 3.11 1.95
2 years to less than 3 years 1.87 2.07 1.16 3.1 1.92
3 years to less than 4 years 2.11 2.24 1.23 3.16 2.02
4 years to less than 5 years 2.33 2.41 1.34 3.39 2.15
5 years 2.52 2.55 1.47 3.51 2.28


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