Archive for the 'Finance' Category

AXIS BANK SAVINGS A/C TERM FIXED RECURRING DEPOSIT INTEREST RATES

Dec 04, 2010 Posted Under: Finance
AXIS BANK SAVINGS A/C TERM FIXED RECURRING DEPOSIT INTEREST RATES Savings a/c interest rates is 4% p.a. Recurring, fixed and term deposit interest rates 7 days to 14 days – 2.00 15 Days to 29 Days – 2.50 30 days to 45 days – 3.00 46 days to 60 days – 3.50 61 days to less than 3 months – 4.00 3 months to less than 4 months – 5.75 4 months to less than 6 months – 5.75 6 months to less than 9 months – 6.25 9 months to less than 1 year – 6.75 1 year to less than 14 months – 7.50 14 months to less than 2 Years – 7.50 2 years to less than 30 months – 7.50 30 months to less than 3 years – 7.75 3 years to less than 5 years – 7.00 5 years upto 10 years –... Read More

IDBI BANK INTEREST RATES ON INVESTMENTS OF TERM DEPOSITS AND FIXED DEPOSITS

Nov 27, 2010 Posted Under: Finance, Insurance & Investment
IDBI BANK INTEREST RATES ON INVESTMENTS OF TERM DEPOSITS AND FIXED DEPOSITS UPTO Rs. 1 Cr. GENERAL CUSTOMERS 07-14 days – 6.00 15- 30 days – 6.25 31 – 45 days – 8.00 46 – 60 days – 7.00 61 – 90 days – 7.25 91 – 179 days – 8.50 180 – 269 days – 8.75 270 – 364 days – 9.00 1 – 2 years – 9.50 2 – 3 years – 9.25 3 – 10 years –... Read More

SYNDICATE BANK REINVESTMENT PLAN RECURRING DEPOSIT : VIKAS CASH CERTIFICATE

Oct 16, 2010 Posted Under: Finance, Insurance & Investment
SYNDICATE BANK REINVESTMENT PLAN RECURRING DEPOSIT : VIKAS CASH CERTIFICATE India ia country where we like our money to build something concrete like building a house, renovation just before an occasion like a festival or marriage. To meet such heavy expenses we need the cushion of secure savings and what better way to save than in Syndicate bank. It is a money multiplier scheme which is a convenient and attractive reinvestment plan where interest earns interest every quarter to provide a tidy sum on maturity. FEATURES AND ATTRIBUTES - Minimum deposit Rs.1000/- and thereafter in multiples of Rs.100/- - Period of deposit ranges from 6 months to 10 years in completed quarters. - Interest compounded every quarter. - Senior Citizens & Staff will be eligible for additional Rate of interest as per applicable norms. - Premature withdrawal of the deposit is permitted any time on payment of the prescribed penalty. - Loans upto a maximum of 95% of the balance available depending on the... Read More

SYNDICATE BANK TAX BENEFIT SCHEME : SYND TAX SHIELD DEPOSIT SCHEME

Oct 16, 2010 Posted Under: Finance, Insurance & Investment
SYNDICATE BANK TAX BENEFIT SCHEME : SYND TAX SHIELD DEPOSIT SCHEME FEATURES AND ATTRIBUTES The SyndTaxShield is designed specially on the lines of the Union Government notification on Bank Term Deposit Scheme, 2006 for the purpose of Sec 80C(2)(xxi) of the Income Tax Act. This deposit scheme is designed keeping i mind the customers who intend to save tax and wish to save money for future unknown contingencies - Eligibility – Individuals / HUF eligible to open an account with the Bank. - Minimum Deposit – Rs. 100/- and multiples of thereof. - Maximum Deposit – Rs. 1,00,000/- per person per annum. -Tenure – Minimum of 5 Years. - Rate of Interest – Deposits under SyndTaxShield Scheme will earn interest at the rate applicable to the relevant period. - Senior Citizens & Staff will be eligible for additional Rate of Interest as per applicable norms - Withdrawal Facility – No premature withdrawal facility available upto 5 years from the date of deposit. - Nomination Facility... Read More

SYNDICATE BANK RECURRING TERM DEPOSIT SCHEME

Oct 15, 2010 Posted Under: Finance, Insurance & Investment
SYNDICATE BANK RECURRING TERM DEPOSIT SCHEME ATTRIBUTES OF THE SCHEME ~ Minimum amount deposit is Rs.100/-per month. ~ Period of deposit ranges from 12 months to 10 years. The term deposit has to be for atleast a 12 months. ~ Delayed payment of instalments are accepted with nominal penalty. ~ Monthly minimum balance in the account earns compound interest every quarter. In other words interest will be compounded quaterly ~ No tax is deducted from the interest on the deposit. ~ Loans up to maximum of 95% of the deposit amount available depending on the length of the unexpired period of the deposit. ~ Nomination facility available. ~ For Rate of interest click... Read More

RATE OF INTEREST ON SYNDICATE BANK TERM DEPOSITS FIXED DEPOSITS

Oct 15, 2010 Posted Under: Finance, Insurance & Investment
RATE OF INTEREST ON SYNDICATE BANK TERM DEPOSITS FIXED DEPOSITS FOR DOMESTIC BULK TERM DEPOSITS OF ABOVE RS. 10.00 CRORE 7 days to 14 days – 3.50 15 days to 30 days – 4.00 31 days to 45 days – 4.50 46 days to 90 days – 5.50 91 days to 120 days – 5.75 121 days to 180 days – 6.50 181 days to 269 days – 6.50 270 days to 364 days – 6.75 1 year to less than 2 years – 8.20 2 years to less than 3 years – 8.25 3 years to < 5 years – 8.50 FOR DOMESTIC TERM DEPOSITS UPTO Rs 10.00 CRORE 7 days to 14 days – 3.50 15 days to 30 days – 4.00 31 days to 45 days – 4.50 46 days to 90 days – 5.50 91 days to 120 days – 5.75 121 days to 180 days – 6.50 181 days to 269 days – 6.50 270 days to 364 days – 6.75 1 year to less than 2 years – 8.20 2 years to less than 3 years – 8.25 3 years to < 5 years – 8.50 5 years & upto 10 yrs – 7.75 - A penalty of 1% shall... Read More