Fixed Deposit Scheme :
Prime FD
Interest :
We are pleased to inform you that with effect from 1th August 2011,
rate of interest on fixed deposits will be changed as under –
Period
Rate of Interest
7 – 90 days (minimum Rs.15 Lacs) 6.50%
91 –180
days
6.50%
181 – 365
days
7.00%
400 days
9.00%
Above 1-3
years
8.00%
Above 3
years
7.50%
Prime Advantage : Deposit of Rs.15.00 Lacs & above & get 0.50% extra Interest.
Deposit of Rs. 5 crores and above – 1.00% extra interest
1% extra interest to Senior citizens
Prime Citizen : 1% extra interest on Deposit or Recurring Account of Senior Citizen of 60 Year & more. Get your interest of fixed deposit monthly, quarterly, Half Year or Yearly to your Savings Account (If in other bank also) facility.
Prime Gem : A scheme to get flexible interest monthly, quarterly, half yearly or yearly.
Prime Gold : A cumulative interest scheme. To get Rs.1,000/- on maturity for deposit Rs.906/- for 15 months or Rs.690/- for 60 months.
Min. Deposit Period Interest Effective Yield Limit for
(Months) Rates TDS
Rs. 933/- 12 7.00% 7.18% 1,39,017/-
Rs. 906/- 15 8.00% 8.30% 1,21,404/-
Rs. 854/- 24 8.00% 8.55% 1,21,268/-
Rs. 789/- 36 8.00% 8.91% 1,20,717/-
Rs. 743/- 48 7.50% 8.65% 1,26,310/-
Rs. 690/- 60 7.50% 8.99% 1,29,030/-
Prime Plus : Get more than double in 112 months @7.50 rate of interest. Effective Yield 10.72% (limit for TDS – Rs. 69,700/-) more than double
Prime Recurring Scheme
Prime Gift : A scheme is design for betterment of your children’s future (Lakhpati Scheme). Invest Rs.1295/- per month for 63 month & get Rs.1,00,905/- on maturity @ 7.50% rate of interest.
Prime Life : Life Insurance Coverage of LIC linked monthly recurring scheme. To invest Rs.235/- per month for 84 month (7 Year) with coverage of Rs.25,000/- Life Insurance of LIC with guaranteed return of 6.50% rate of interest.
Monthly Deposit Ins. Coverage
Rs. 235/- Rs. 25,000/-
Rs. 470/- Rs. 50,000/-
Rs. 705/- Rs. 75,000/-
Rs. 940/- Rs.1,00,000/-
Rs.1175/- Rs.1,25,000/-
Rs.1410/- Rs.1,50,000/-
Rs.1645/- Rs.1,75,000/-
Rs.1880/- Rs.2,00,000/-
Prime Silver : Bank rate linked monthly recurring scheme. To invest minimum Rs.100/- or in multiple or deposit unlimited amount without fear of TDS for 39 months. There will be no TDS applicable for this scheme. At present interest rate is 9% (Bank Rate=6% + 3%=9%)
Over Draft Facility with Savings Bank Account
Prime Money : A unique & fantastic over draft facility with savings bank account. You can also get 3.50% interest of interest on your credit balance of savings. |
