a) For domestic deposits - Less than Rs. 15 lakh (last revised on May 11, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 7 days to 14 days (for single deposit of Rs.1 lakh and above) |
Less than Rs. 15 lakh |
|
Calculate |
| 15 days to 45 days |
Less than Rs. 15 lakh |
|
Calculate |
| 46 days to 90 days |
Less than Rs. 15 lakh |
|
Calculate |
| 91 days to 179 days |
Less than Rs. 15 lakh |
|
Calculate |
| 6 months to less than 1 year |
Less than Rs. 15 lakh |
|
Calculate |
| 1 year to 3 years |
Less than Rs. 15 lakh |
|
Calculate |
| 3 years (AB BONANZA) |
Less than Rs. 15 lakh |
|
Calculate |
| Above 3 years to 10 years |
Less than Rs. 15 lakh |
|
Calculate |
b) For domestic deposits - Rs. 15 lakh to less than Rs. 1 cr (last revised on May 11, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| 7 days to 14 days (for single deposit of Rs.1 lakh and above) |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 7 days to 14 days |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 15 days to 45 days |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 46 days to 90 days |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 91 days to 179 days |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 6 months to less than 1 year |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 1 year to 3 years |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| 3 years (AB BONANZA) |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
| Above 3 years to 10 years |
Rs. 15 lakh to less than Rs. 1 cr |
|
Calculate |
Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.)
|
|
|
| AB Tax Saver - 5 Years |
Upto Rs. 1 lakh |
|
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 May 11, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 7 days to 14 days (for single deposit of Rs.1 lakh and above) |
Less than Rs. 15 lakh |
4.00 |
Calculate |
| 15 days to 45 days |
Less than Rs. 15 lakh |
4.50 |
Calculate |
| 46 days to 90 days |
Less than Rs. 15 lakh |
6.00 |
Calculate |
| 91 days to 179 days |
Less than Rs. 15 lakh |
7.25 |
Calculate |
| 6 months to less than 1 year |
Less than Rs. 15 lakh |
8.50 |
Calculate |
| 1 year to 3 years |
Less than Rs. 15 lakh |
9.25 |
Calculate |
| 3 years (AB BONANZA) |
Less than Rs. 15 lakh |
9.40 |
Calculate |
| Above 3 years to 10 years |
Less than Rs. 15 lakh |
9.00 |
Calculate |
b) For NRO Fixed Deposit - Rs. 15 lakh to less than Rs. 1 cr (last revised on May 11, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 7 days to 14 days (for single deposit of Rs.1 lakh and above) |
Rs. 15 lakh to less than Rs. 1 cr |
4.00 |
Calculate |
| 15 days to 45 days |
Rs. 15 lakh to less than Rs. 1 cr |
4.50 |
Calculate |
| 46 days to 90 days |
Rs. 15 lakh to less than Rs. 1 cr |
6.00 |
Calculate |
| 91 days to 179 days |
Rs. 15 lakh to less than Rs. 1 cr |
7.25 |
Calculate |
| 6 months to less than 1 year |
Rs. 15 lakh to less than Rs. 1 cr |
8.50 |
Calculate |
| 1 year to 3 years |
Rs. 15 lakh to less than Rs. 1 cr |
9.25 |
Calculate |
| 3 years (AB BONANZA) |
Rs. 15 lakh to less than Rs. 1 cr |
9.40 |
Calculate |
| Above 3 years to 10 years |
Rs. 15 lakh to less than Rs. 1 cr |
9.00 |
Calculate |
a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on May 11, 2012)
| Maturity Period |
Deposit Amount |
INTEREST RATE (% p.a.) |
|
|
| 1 year up to 2 years |
Less than Rs. 1 cr |
9.25 |
Calculate |
| Above 2 year up to 3 years |
Less than Rs. 1 cr |
9.00 |
Calculate |
| Above 3 years up to 5 years |
Less than Rs. 1 cr |
8.50 |
Calculate |
