*Additional rates of interest of 0.50% applicable for senior citizens for Deposits of above 1 year Only
Addl. Rate of interest as applicable to senior citizen will also be payable in eligible cases of retired employees / spouses of deceased employees or retired deceased employees, in addition to staff benefit.
The ex-employees who were compulsorily retired , dismissed or removed from Bank’s services as a measure of disciplinary action or even resigned from Banks’ services will not be eligible to avail of the above benefits.
The above rates of interest on Domestic Term Deposit will be applicable on fresh deposits and renewal of existing deposits (including United Tax Savings Deposit Scheme) with effect from 06th Jul , 2015
As per prevailing guidelines, for accepting single deposits of Rs. 1.00 crore and above even at card rates, prior clearance from GM (Treasury) is to be obtained by the Branch/RO.
THE ABOVE RATES WILL BE APPLICABLE FOR NRE & NRO DEPOSITS ALSO.