| Non Cumulative Scheme: |
Period
(Months) |
Interest p.a.*#
(Half Yearly) |
Interest p.a.*#
(Quarterly) |
| 12 |
9.00% |
8.90% |
| 24 |
9.75% |
9.65% |
| 36 |
10.00% |
9.90% |
| 48, 60 |
9.50% |
9.40% |
Minimum
Amount |
Rs. 25,000 |
Rs. 50,000 |
| Cumulative Scheme: |
Minimum
Amount |
Period
(Months) |
Amount
Payable(Rs.) |
Interest *
p.a. |
Effective
Yield p. a.** |
| Rs.
10,000@ |
12 |
10,925 |
9.25% |
9.25% |
| 18 |
11,510 |
9.75% |
10.07% |
| 24 |
12,000 |
10.00% |
10.50% |
| 36 |
13,401 |
10.25% |
11.34% |
| 48 |
14,508 |
9.75% |
11.27% |
| 60 |
15,923 |
9.75% |
11.85% |
Note: Applicable from 16th May 2012.
@ Additional amount will be accepted in multiples of Rs. 1,000/-
#Interest payment half yearly on 30th September and 31st March only through ECS/NECS/NEFT.
Interest Payment Quarterly on 30th June, 30th September, 31st December and 31st March only through ECS/NECS/NEFT
** Compounded Annually
* Senior Citizens/ Employees will get an additional rate of 0.25% per annum