Election 2014
YOU ARE HERE » MONEYCONTROL » FIXED INCOME » BANK DEPOSITS

Abhyudaya Co-operative Bank

Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 15 lakh (last revised on Mar 01, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days and above to 90 days Less than Rs. 15 lakh

6.50

6.50

Calculate
91 days and above upto 180 days Less than Rs. 15 lakh

8.00

8.50

Calculate
181 Days and above but less than 15 months Less than Rs. 15 lakh

9.50

10.00

Calculate
15 months Less than Rs. 15 lakh

10.00

10.25

Calculate
Above 15 months upto 24 months Less than Rs. 15 lakh

9.75

10.25

Calculate
Above 24 months upto 36 months Less than Rs. 15 lakh

10.25

10.35

Calculate
Above 36 months upto 120 months Less than Rs. 15 lakh

9.00

9.25

Calculate

b) For domestic deposits - Rs. 25 lakh and above (last revised on Mar 01, 2014)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days and above to 90 days Rs. 25 lakh and above

6.50

N.A

Calculate
91 days and above upto 180 days Rs. 25 lakh and above

8.00

N.A

Calculate
181 Days and above upto and inclusive of 1 year Rs. 25 lakh and above

9.00

N.A

Calculate
Above 1 year and upto and inclusive of 3 years Rs. 25 lakh and above

9.50

N.A

Calculate
Above 36 months upto 120 months Rs. 25 lakh and above

9.00

N.A

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Abhyudaya Tax Savings Scheme - 5 Years Less than Rs. 15 lakh

9.00

9.25

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRO Fixed Deposit - Less than Rs. 15 lakh (last revised on Mar 01, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days and above to 90 days Less than Rs. 15 lakh 6.50 Calculate
91 days and above upto 180 days Less than Rs. 15 lakh 8.00 Calculate
181 Days and above but less than 15 months Less than Rs. 15 lakh 9.50 Calculate
15 months Less than Rs. 15 lakh 10.00 Calculate
Above 15 months upto 24 months Less than Rs. 15 lakh 9.75 Calculate
Above 24 months upto 36 months Less than Rs. 15 lakh 10.25 Calculate
Above 36 months upto 120 months Less than Rs. 15 lakh 9.00 Calculate

b) For NRO Fixed Deposit - Rs. 25 lakh and above (last revised on Mar 01, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days and above to 90 days Rs. 25 lakh and above 6.50 Calculate
91 days and above upto 180 days Rs. 25 lakh and above 8.00 Calculate
181 Days and above upto and inclusive of 1 year Rs. 25 lakh and above 9.00 Calculate
Above 1 year and upto and inclusive of 3 years Rs. 25 lakh and above 9.50 Calculate
Above 36 months upto 120 months Rs. 25 lakh and above 9.00 Calculate

a) For NRE Fixed Deposit - Less than Rs. 15 lakh (last revised on Mar 01, 2014)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
12 month and above less than 15 months Less than Rs. 15 lakh 9.50 Calculate
15 months Less than Rs. 15 lakh 10.00 Calculate
Above 15 months upto 24 months Less than Rs. 15 lakh 9.75 Calculate
Above 24 months upto 36 months Less than Rs. 15 lakh 10.25 Calculate
Above 36 months upto 120 months Less than Rs. 15 lakh 9.00 Calculate
Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.