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    Domestic Fixed Deposit Rate

    Uploaded by

    Karthikeyan Govindarajan
    This document outlines the interest rates for fixed deposits and recurring deposits in Indian rupees (INR) with effect from March 21, 2022. For fixed deposits less than 2 crores INR, interest rates range from 3.5% for 7-14 days to 6.92% for 888 days. Recurring deposit interest rates are 6.1% for terms of 12 to 18 months, 6.5% for 21 to 36 months, and 6% for 48 to 120 months. Taxes will be deducted as applicable and senior citizens receive an additional 0.5% interest.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Domestic Fixed Deposit Rate

    Uploaded by

    Karthikeyan Govindarajan
    19 views2 pages
    This document outlines the interest rates for fixed deposits and recurring deposits in Indian rupees (INR) with effect from March 21, 2022. For fixed deposits less than 2 crores INR, interest rates range from 3.5% for 7-14 days to 6.92% for 888 days. Recurring deposit interest rates are 6.1% for terms of 12 to 18 months, 6.5% for 21 to 36 months, and 6% for 48 to 120 months. Taxes will be deducted as applicable and senior citizens receive an additional 0.5% interest.

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    This document outlines the interest rates for fixed deposits and recurring deposits in Indian rupees (INR) with effect from March 21, 2022. For fixed deposits less than 2 crores INR, interest rates range from 3.5% for 7-14 days to 6.92% for 888 days. Recurring deposit interest rates are 6.1% for terms of 12 to 18 months, 6.5% for 21 to 36 months, and 6% for 48 to 120 months. Taxes will be deducted as applicable and senior citizens receive an additional 0.5% interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    19 views2 pages

    Domestic Fixed Deposit Rate

    Uploaded by

    Karthikeyan Govindarajan
    This document outlines the interest rates for fixed deposits and recurring deposits in Indian rupees (INR) with effect from March 21, 2022. For fixed deposits less than 2 crores INR, interest rates range from 3.5% for 7-14 days to 6.92% for 888 days. Recurring deposit interest rates are 6.1% for terms of 12 to 18 months, 6.5% for 21 to 36 months, and 6% for 48 to 120 months. Taxes will be deducted as applicable and senior citizens receive an additional 0.5% interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Fixed Deposit Rate for Domestic/NRE/NRO (for INR) with effect from: 21st March 2022

    Fixed deposit rate to suit your requirement of investment and capital creation.

    Interest rates for amount


    Annualised
    Tenure less than Rs. 2 crore w.e.f
    Yield
    21st Mar 2022
    7 - 14 days 3.50% 3.50%
    15 - 29 days 3.50% 3.50%
    30 - 45 days 3.50% 3.50%
    46 - 62 days 4.00% 4.00%
    63 - 90 days 4.00% 4.00%
    91 - 120 days 4.35% 4.35%
    121 - 180 days 4.35% 4.35%
    181 - 210 days 4.85% 4.91%
    211 - 270 days 4.85% 4.91%
    271 - 364 days 5.00% 5.06%
    1 year to 18 months 6.10% 6.24%
    18 months 1 day to 2 years 6.50% 6.66%
    2 years 1 day 887 days 6.50% 6.66%
    888 days 6.75% 6.92%
    889 day to 3 years 6.50% 6.66%
    3 years 1 day to 4 years 6.00% 6.14%
    4 years 1 day to 5 years 6.00% 6.14%
    5 years 1 day to 10 years 6.00% 6.14%

     TDS will be deducted as applicable


     Please check all terms and conditions applicable on FD/RD for premature withdrawal
     0.50% extra for Senior Citizen (not applicable for NRE/NRO)
    Recurring Deposit for Domestic/NRE/NRO (in INR) Rate for different tenure with effect from:
    21st March 2022
    Recurring deposit rate to suit your requirement of investment and capital creation.

    Interest rates for amount


    Tenure less than Rs. 2 crore w.e.f
    21st Mar 2022
    12 Months 6.10%
    15 Months 6.10%
    18 Months 6.10%
    21 Months 6.50%
    24 Months 6.50%
    30 Months 6.50%
    36 Months 6.50%
    48 Months 6.00%
    60 Months 6.00%
    90 Months 6.00%
    120 Months 6.00%

     TDS will be deducted as applicable


     Please check all terms and conditions applicable on FD/RD for premature withdrawal
     0.50% extra for Senior Citizen (not applicable for NRE/NRO)

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