ING Vysya Bank FDR Interest Rate

I cousin live in Abroad, & having a account at ING Vysya Bank, now he wants to ING Vysya Bank Fixed Deposit Interest Rates, so please provide here???

[Shaleen]

ING Vysya Bank Fixed Deposit Interest Rates are:

Duration Rate Deposit Amount Rules Additional Interest for Seniors
7 days-15 days 4.00% Must be atmost Rs. 1 crore -
16 days-30 days 4.50% Must be atmost Rs. 1 crore -
31 days-45 days 6.00% Must be atmost Rs. 1 crore -
46 days-90 days 7.00% Must be atmost Rs. 1 crore -
91 days-179 days 7.50% Must be atmost Rs. 1 crore -
180 days 7.80% Must be atmost Rs. 1 crore -
181 days-269 days 7.80% Must be atmost Rs. 1 crore -
270 days 7.80% Must be atmost Rs. 1 crore 0.50%
271 days-1 year 8.00% Must be atmost Rs. 1 crore 0.50%
1 year 8.00% Must be atmost Rs. 1 crore 0.50%
1 year-389 days 8.20% Must be atmost Rs. 1 crore 0.50%
390 days 8.20% Must be atmost Rs. 1 crore 0.50%
391 days-699 days 8.20% Must be atmost Rs. 1 crore 0.50%
700 days 8.20% Must be atmost Rs. 1 crore 0.50%
701 days-1096 days 8.20% Must be atmost Rs. 1 crore 0.50%
1097 days-5 years 8.25% Must be atmost Rs. 1 crore 0.50%
5 years-10 years 8.00% Must be atmost Rs. 1 crore 0.50%

Eligibility
Resident Individuals
Hindu Undivided Families
Sole Proprietorship Firms
Partnership Firms
Limited Companies
Trust Accounts / Assocations / Clubs
Minors

An Initial deposit of Rs.10000 is required to open a Fixed Deposit.

Tenor
Minimum 7 days to maximum of 10 years.

Hii sir, will you please provide me the ing Vysya bank Fixed deposit interest rates ?

[sumit]

As you asking for the ING VYSYA bank fixed deposit interest rates the interest rates of the INGVYSYA bank is given below:

FDR Interest rates details :

Tenor based Rate of Interest – Higher interest can be earned on longer period of deposits.
Premature withdrawal is allowed at a nominal penalty of 1% on the applicable rate.
Option to place deposits in multiples of Rs.1000 as units under Vysunits, enabling withdrawal as per need, in multiples of Rs.1000.
Option to draw interest by way of DD / PO / Credit to own SB account with ING Vysya (now Kotak) Bank, Monthly (at a discount) or Quarterly, as per choice.
Loans upto 95% of the deposit would be available at 2% above the underlying interest rate on Fixed Deposit.
Nomination facility is available.
Free transfer of deposit between branches is available.
Automatic renewals on maturity.
Option of quarterly interest or monthly interest payment is available on these deposits.

For more details you may visit the nearest branch of the ING VYSYA bank

Hii Buddy , I want to know ING VYSYA Bank Fixed Deposit Interest Rates ,Here Will you please provide me Details for Same ?

[Raman Vij]

Friend for your help ,Here following are the Entities that are Eligible to Open a Fixed Deposit with ING VYSYA Bank :

Resident Individuals
Trust Accounts / Associations / Clubs
Minors
Hindu Undivided Families
Sole Proprietorship Firms
Partnership Firms
Limited Companies

The minimum amount required to open a fixed deposit account with ING Vysya is ₹ 10,000.

Fixed Deposits Interest Rates :
Short-Term Deposits

Deposit Amounts that are Fixed with the Bank for a period of 30 days to 60 days.

Deposits with a period of 7-15 Days Earn an Interest Rate of 4% while those between 16-30 days fetch a rate of 5%.

If the deposit tenure is between 31-60 days, the rate is increased to 5.5%.

Mid-Term Deposits


Between 61-90 Days, the Deposit Fetches a rate of 8.8%. Deposits above 91 days and below 181 Days are Offered an Interest Rate of 8.7%.

Between 182 days and 364 days, the applicable rate is 8.6%.

For deposits with exactly 365 days as maturity period, 8.75% per annum is the corresponding rate of interest.

Deposits Between 731 days to 5 years earn a Rate of 8.5% while 8.25% is Offered on Deposits in the Range of 5 years to 10 years.

Rates applicable for Senior Citizens

Except for deposits less than a year, the rest of the fixed deposits for senior citizens are offered a 0.5% higher rate than the regular rate under each category of deposit.