#1
11th September 2015, 11:45 AM
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South Indian Bank Interest Rates
I want to know the interest rates on Domestic Deposits in South Indian Bank so can you please tell me?
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#2
11th September 2015, 12:30 PM
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Re: South Indian Bank Interest Rates
South Indian Bank Limited (SIB) is a private sector bank headquartered at Thrissur City in Kerala, India. It was established in 1929. The Bank has 897 branches, 4 service branches, 27 ext.counters and 20 regional offices spread across more than 26 states and 3 union territories in India. Domestic Deposits Interest Rates Period Single Deposit less than Rs.100.00 lacs General Senior Citizens* 7 days to 14 days 4.00% 4.50% 15 days to 45 days 4.00% 4.50% 46 days to 90 days 7.00% 7.50% 91 days to less than 12 months 7.40% 7.90% 12 months to less than 15 months 8.25% 8.75% SIB Freedom (15 Months) 8.30% 8.80% Above 15 months to less than 2 years 8.25% 8.75% 2 years up to and incl.10 years 8.00% 8.50% Tax Gain 8.00% 8.50% Rates for single deposit of Rs.100 lacs & above Domestic Savings Account (Also Applicable for NRO Accounts) Period Rate Savings Bank A/c (w.e.f 03.05.2011) 4.00% per annum NRE DEPOSITS Interest rate on NRE Deposits with effect from 08th July 2015 Period Single Deposit less than Rs.100 lacs 1 year to less than 15 months 8.25% p.a SIB Freedom (15 months) 8.30% p.a Above 15 months to less than 2 years 8.25% p.a 2 years to up to and incl.10 years 8.00% p.a Rates for single deposit of Rs.100 lacs & above |
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