2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
5th February 2013, 02:25 PM
Super Moderator
 
Join Date: May 2012
Re: Central Bank of India Base Rate July

The Central Bank of India issues historical Base Rate every month. Here is the historical Base Rate of July and of some other months:

May 01, 2012 Base Rate: 10.50%
August 01, 2011 Base Rate: 10.75%
May 09, 2011 Base Rate: 10.00%
February 05, 2011 Base Rate: 9.50%
December 15, 2010 Base Rate: 9.00%
October 20, 2010 Base Rate: 8.50%
July 01, 2010 Base Rate: 8.00%
  #3  
29th December 2015, 04:55 PM
Unregistered
Guest
 
Re: Central Bank of India Base Rate July

Hi I would like to know the Base rate for Central Bank of India before and after revision as well as rate of interest on term deposits as well?
  #4  
29th December 2015, 04:55 PM
Super Moderator
 
Join Date: Apr 2013
Re: Central Bank of India Base Rate July

Central Bank of India has made downward revision of Base Rate by 30 basis points with effect from 08.06.2015.
Accordingly, the Base Rate is revised from existing 10.25% to 9.95% w.e.f 08.06.2015.


DEPOSITS


NATURE
RATE OF INTEREST
Savings Account - Domestic
%
With Cheque book facility
4.0
Without Cheque book facility
4.0
No frills Account
4.0
DOMESTIC TERM DEPOSITS

Maturity Period
Rates for Deposits less than Rs.1 Crore
Existing Rates 08.10.2015
Revised Rates 19.10.2015

Rates For Deposits 1 Cr to Rs.10 Cr (Single Deposit)
Existing Rates 08.10.2015
Revised Rates 19.10.2015

7 -14 days
5.00
5.00

5.00
5.00

15 - 30 days
5.50
5.50

5.50
5.50

31 -45 days
5.50
5.50

5.50
5.50

46 - 59 days
7.00
7.00
7.00
6.50

60 - 90 days
7.00
7.00

7.00
6.75
91 - 179 days
7.35
7.35
7.25
7.00

180 - 270 days
7.75
7.25

7.25
7.00

271 - 364 days
7.75
7.50

7.25
7.00

1 yr to less than 2 yrs
8.00
7.75

7.50
7.25

2 yr to less than 3 years
8.00
7.75

7.50
7.25

3 yr to less than 5 years
8.00
7.50

7.50
7.25

5 years & above upto 10 years
8.00
7.50

7.25
7.25

555 days
8.00

7.75
NA
NA

777 days
8.05
7.80

NA
NA

Cent Double
8.00
7.50

NA
NA


BULK DEPOSIT INTERST RATE

Period
Existing Rates Above 10 Crore
Wef 30.09.2015

Revised Rates Above 10 Crore
Wef 07.10.2015

7-14 days
4.50
4.50

15-30 days
4.50
4.50

31-45 days
5.00
5.00

46-59 days
5.50
5.25

60-90 days
5.75
5.50

91-179 days
6.50
6.50

180-270 days
7.00
6.90

271-364 days
7.00
6.90

12 months to 13 months
7.10
7.00


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