Deposit Interest Rates
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Deposit Interest Rates
Rate of Interest Effective Date : 01-January-2023
| Deposit Period |
General |
| 7 Days to 45 Days |
3.50 % |
| 46 Days to 90 Days |
4.00 % |
| 91 Days to 180 Days |
4.75 % |
| 181 Days to up to 12 Months |
5.75 % |
| Above 12 Months and up to 18 Months |
6.00 % |
| Above 18 Months and up to 36 Months |
6.50 % |
| Above 36 Months and up to 60 Months |
7.00 % |
Monthsly Income Scheme
| Deposit Period |
General |
Monthsly Income on Investment of
Rs. 100000/- |
| Above 1 and up to 5 years |
7.00% |
575/- |
Cash Certificate Scheme
| Amount (In Rs.) |
Period |
Rate |
Maturity Value (In Rs.) |
| 1000 |
12 Months |
5.75% |
1074 |
| 1000 |
18 Months |
6.00% |
1093 |
| 1000 |
36 Months |
6.50% |
1214 |
| 1000 |
60 Months |
7.00% |
1415 |
Recurring Deposits Scheme
| Monthsly Installment |
12 Months ( 5.75%) |
18 Months ( 6.00%) |
36 Months ( 6.50%) |
60 Months ( 7.00%) |
| Rs. 1000 |
12379/- |
18876/- |
39825/- |
71934/- |
All Senior Citizens will be paid 0.5% additional interest on deposits for a period above one year. Bank Staff Members (including retired & retired citizen staff) will also be paid an additional interest of 0.5% on deposits
Note : Avail additional interest 0.5% on bulk deposit of 25 lacs and above.
The Vijay Bank
The Vijay Bank