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South Indian Bank

 
Duration

Revised Interest Rate p.a. (%)
(w.e.f. 07.10.2009)

Single Deposit of < Rs.15.00 lacs per annum

Single Deposit of Rs.15.00 lacs to < Rs.50.00 lacs per annum

Single Deposit of Rs.50.00 lacs to (incl) Rs.100.00 lacs

7 days to 14 days

NA

NA

NA

15 days to 45 days

3.25

3.25

Rates to be

46 days to 90 days

4.25

4.25

Obtained from

91 days to 179 days

5.50

5.50

Head Office - (Treasury)

180 days to less than 1 year

6.25

6.25

Dept.) on a daily basis.

1 year to 3 years

7.25

7.25

Premature closure

Above 3 years to 5 years

7.50

7.50

penalty also will be obtained

Above 5 years

8.00

8.00

from Treasury Dept.

Special rates for resident senior citizens, individually or jointly with another resident citizen : 0.50%