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State Bank of Bikaner & Jaipur Revises Interest Rates on Domestic Term Deposits
Posted On : 2007-02-23 00:09:51( TIMEZONE : IST )
State Bank of Bikaner & Jaipur has announced that the Bank has been decided to revise rate of interest on Domestic Term Deposit w.e.f. February 26, 2007 as under:
(A) Interest Rates on Domestic Term Deposits
------------------------------------------------------------------------------------------ Duration Single Deposit of Revised Staff/Senior Senior Citizen less than Rs 15.00 w.e.f. Citizen Staff (+0.50% for deposits of lacs (%p.a.) Feb 26, (+1% CAP 9.25%) Rs 10000 & above for 1 w.e.f. Feb 01, 2007 2007 year and above) ------------------------------------------------------------------------------------------ 15 days & up 5.00 5.00 6.00 5.00to 45 days ------------------------------------------------------------------------------------------ 46 days & up 5.50 5.50 6.50 5.50to 60 days ------------------------------------------------------------------------------------------ 61 days & up 5.50 5.50 6.50 5.50to 90 days ------------------------------------------------------------------------------------------ 91 days & up 6.00 6.25 7.25 6.25to 179 days ------------------------------------------------------------------------------------------ 180 days & up 7.25 7.50 8.50 7.50to < 1 year ------------------------------------------------------------------------------------------ 1 year & up 8.25 8.25 9.25 8.75to < 2 years ------------------------------------------------------------------------------------------ 2 year & up 8.25 8.60 9.25 9.10to < 3 years ------------------------------------------------------------------------------------------ 3 years & up 8.50 8.75 9.25 9.25to < 5 years ------------------------------------------------------------------------------------------ 5 years & above 8.75 8.75 9.25 9.25up to 10 years ------------------------------------------------------------------------------------------
Staff (including Senior Citizen Staff): 1% subject to max. cap 9.25%
Senior Citizen (other than Ex-Staff) 0.50% (for deposits of Rs 10000 & above for 1 year and above).
(B) SBBJ UTTAM : Existing rate as mentioned below will continue
(Valid upto March 31, 2007)
------------------------------------------------------------------------------------------ Duration Public Staff Including Ex-staff(0.50%) Senior Citizen (0.25%) ------------------------------------------------------------------------------------------ Put 1 year 8.25 8.75 8.50 Put 2 years 8.50 9.00 8.75 3 years 9.00 9.50 9.25 ------------------------------------------------------------------------------------------
Minimum Amount modified to Rs 10000/- and in multiples of Rs 1000/- thereafter.
No interest if encashed before 1 year.
Loan facility available.
(2) It has been decided to introduce following new products w.e.f. February 26, 2007:
(A) SBBJ VAIBHAV: TDR for 300 Days (Valid up to March 31, 2007)
------------------------------------------------------------------------------------------ Duration Public Staff / Ex-staff (+0.50%) Senior Citizen ------------------------------------------------------------------------------------------ 300 D Full Term 8.00% 8.50% 8.00% ------------------------------------------------------------------------------------------
No interest if paid before maturity.
No benefit to Senior Citizen as deposit is for < 1 year.
Min. Amt. Rs 10000/- and in multiples of Rs 1000/-thereafter.
Loan facility available.
(B) SBBJ SARVOTTAM; TDR/STDR (Valid up to March 31, 2007)
------------------------------------------------------------------------------------------ Duration Public Staff / Ex-staff (0.25%) Senior Citizen (0.25%) ------------------------------------------------------------------------------------------ 4 years to less 9.50% 9.75% 9.75%than 5 years ------------------------------------------------------------------------------------------
Min. Amt Rs 10000/- and in multiples of Rs 1000/- thereafter.
Loan facility available.
Pre- mature penalty will be charged @ 1% below the card rates applicable for the period the deposit has remained with the Bank for all type of depositors.
