syndicate bank interest rates on term deposits

OVERDUEĭomestic Term Deposit matures and proceeds are unpaid, Penalty is waived for premature extension of Domestic / NRO term deposits of less than Rs.2 Crore during the tenure, where extension is for a period longer than the period originally agreed to. Is lower.” However, no interest will be payable on termĭeposits prematurely closed/prematurely extended before Rate at which the deposit has been accepted, whichever Relevant amount slab as ruling on the date of depositĪnd as applicable for the period run OR 1.00% below the Interest at 1.00% below the rate as applicable for the Withdrawn/prematurely extended deposits will earn Tax Saver Deposits, Capital Gains Accounts,Ĭourt Deposits, Non-KYC Complied Term Deposits,Ĭanara Samriddhi deposits (discontinued w.e.f.Ī penalty of 1.00% shall be levied for prematureĬlosure/part withdrawal/ premature extension ofĭomestic/NRO term deposits of less than Rs.2 Crore thatĬlosure/part withdrawal/premature extension ofĭomestic/NRO term deposits, the Bank imposes a penalty Rate prevailing on the date of maturity for the original The deposit will be renewed automatically from theĭate of maturity for a similar period at the interest Interest is applicable to Recurring deposits 7.85%įor callable deposits and 8% for non callable Introduced under Canara-444 product only i.e.

Maximum depositįor Super Senior Citizen(80 years and above) is 2 CrĪnnualized Yield in % terms at the beginning of theīank’s Re-investment Deposit Plan (Kamadhenu Deposit) isīased on quarterly compounding of interest.ĭeposit scheme (General Public). Than NRO/NRE and CGA Deposits) less than Rs. Senior Citizens is available for Deposits (Other Term deposits are deposits where PREMATUREĪpplicable only for single deposit of Rs.5 Lakh

Syndicate bank interest rates on term deposits