Deposit Interest Rates
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Deposit Interest Rates
Rate of Interest Effective Date : 01-July-2020
| Deposit Period |
General |
| 46 Days to 90 Days |
4.00 % |
| 91 Days to 180 Days |
5.00 % |
| 181 Days to upto 1 Year |
5.50 % |
| Above 1 Year and up to 3 Years |
6.25 % |
| Above 3 Year and up to 10 Years |
6.00 % |
Monthly Income Scheme
| Deposit Period |
General |
Monthly Income on Investment of
Rs. 100000/- |
| Above 1 and up to 10 years |
6.25% |
514/- |
Cash Certificate Scheme
| Amount (In Rs.) |
Period |
Rate |
Maturity Value (In Rs.) |
| 1000 |
15 Months |
6.25% |
1076 |
| 1000 |
24 Months |
6.25% |
1133 |
| 1000 |
60 Months |
6.00% |
1349 |
Recurring Deposits Scheme
| Monthly Installment |
12 Months ( 5.50%) |
15 Months ( 6.25%) |
24 Months ( 6.25%) |
36 Months ( 6.25%) |
60 Months ( 6.00%) |
| Rs. 1000 |
12362/- |
15637/- |
25618/- |
39669/- |
70064/- |
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