- Investment
Fixed Deposits
Our Fixed Deposit comes with FAAA/Stable Rating by CRISIL and MAAA (Stable) Rating by ICRA, offering the highest security for your investment. What’s more is you can choose a tenor of any number of months from 12 to 60, to suit individual needs.
Here are some of the other benefits of our Fixed Deposits:
- An additional 0.25% rate of interest for senior citizens
- Flexible tenor option
- No Tax deduction at source on interest payment up to Rs. 5,000 p.a.
Interest rates basis tenor :
Rate of Interest per annum valid up to Rs.5 Crore (New ROI effective from 6th Feb’17)
| Tenor in months | Cumulative | Non-cumulative | |||
|---|---|---|---|---|---|
| Monthly | Quarterly | Half yearly | Anual | ||
| 12-23 | 7.80% | 7.53% | 7.58% | 7.65% | 7.80% |
| 24-35 | 8.00% | 7.72% | 7.77% | 7.85% | 8.00% |
| 36-60 | 8.05% | 7.77% | 7.82% | 7.89% | 8.05% |