Moneycontrol
YOU ARE HERE » MONEYCONTROL » FIXED INCOME » BANK DEPOSITS

Lakshmi Vilas 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. 1 cr (last revised on Jun 19, 2017)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days Less than Rs. 1 cr

4.50

4.50

Calculate
15 days to 30 days Less than Rs. 1 cr

4.50

4.50

Calculate
30 days to 45 days Less than Rs. 1 cr

5.50

5.50

Calculate
46 days to 90 days Less than Rs. 1 cr

6.00

6.00

Calculate
91 days to 180 days Less than Rs. 1 cr

6.25

6.25

Calculate
181 days to 364 days Less than Rs. 1 cr

6.75

6.75

Calculate
1 year to 499 days Less than Rs. 1 cr

7.00

7.50

Calculate
500 days Less than Rs. 1 cr

7.25

7.75

Calculate
501days to 999 days Less than Rs. 1 cr

7.00

7.50

Calculate
1000 days Less than Rs. 1 cr

7.50

8.00

Calculate
1001 days to 10 years Less than Rs. 1 cr

7.00

7.50

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

 
Tax Saver Deposits - 5 years Upto Rs. 1 lakh

7.00

7.00

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. 1 cr (last revised on Jun 19, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)  
7 days to 14 days Less than Rs. 1 cr 4.50 Calculate
15 days to 30 days Less than Rs. 1 cr 4.50 Calculate
30 days to 45 days Less than Rs. 1 cr 5.50 Calculate
46 days to 90 days Less than Rs. 1 cr 6.00 Calculate
91 days to 180 days Less than Rs. 1 cr 6.25 Calculate
181 days to 364 days Less than Rs. 1 cr 6.75 Calculate
1 year to 499 days Less than Rs. 1 cr 7.00 Calculate
500 days Less than Rs. 1 cr 7.25 Calculate
501days to 999 days Less than Rs. 1 cr 7.00 Calculate
1000 days Less than Rs. 1 cr 7.50 Calculate
1001 days to 10 years Less than Rs. 1 cr 7.00 Calculate

a) For NRE Fixed Deposit - Up to Rs. 1 cr (last revised on May 17, 2017)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year to 499 days Up to Rs. 1 cr 7.00 Calculate
500 days Up to Rs. 1 cr 7.25 Calculate
501days to 999 days Up to Rs. 1 cr 7.00 Calculate
1000 days Up to Rs. 1 cr 7.50 Calculate
1001 days to 10 years Up to Rs. 1 cr 7.00 Calculate
Sections
Follow us on
Available On