We at Vijaya Bank Branch Network Customer Relations Sitemap FAQs Other Links
Home   Download Forms   Interest Rates on Deposits Interest Rates on Advances    
 
  Text size
   
   
Last Modified : Mar 1, 2010 5:28 PM
Interest Rates
 
 
  Click here to have a QUICK GLANCE on INTEREST RATES & CHARGES on Deposits , Advances & Services
     
 
Domestic Term Deposits / Additional interest benefit for Senior Citizens
NRE Accounts
FCNR(B)
RFC - SB DEPOSIT
Capital Gains Accounts Scheme 1988


Savings Bank - 3.5 % p.a		 (Effective from 01 - 03 - 2003)
 
 
Domestic Term Deposits
Interest Rates on Domestic Term Deposits   -    With effect from 19.11.2009 
 
            Maturity Pattern
For below Rs.15 lakhs
For Rs.15 lakhs & above up to Rs. One Crore
For above Rs. One Crore
7 days to 14 days
2.50% p.a.
2.50% p.a.
2.00% p.a.
15 days to 29 days
3.00% p.a.
3.00% p.a.
2.25% p.a.
30 days to 45 days
3.00% p.a.
3.00% p.a.
2.50% p.a.
46 days to 90 days
4.00% p.a.
4.00% p.a.
3.00% p.a.
91 days to 179 days
5.00% p.a.
5.00% p.a.
3.50% p.a.
180 days to 269 days
6.00% p.a.
6.00% p.a.
4.50% p.a.
270 days to below one year
6.25% p.a.
6.25% p.a.
5.50% p.a.
1 year to 2 years
7.00% p.a.
6.50% p.a.
6.00% p.a.
Above 2 years to 3 years
7.00% p.a
7.00% p.a.
6.00%p.a.
Above  3 years
7.25% p.a.
7.25% p.a.
6.00% p.a.
  
1.    Additional interest rate for Senior Citizens shall be at 0.50%.
2.    The above rates in the Chart are also applicable to Capital Gain Account Scheme – 1988 and Vijaya Tax Savings Scheme.
3.    The revised rates are applicable to fresh deposits as well as on renewal of matured deposits.
4.    Permissable premature closure of domestic term deposits will carry only applicable card rate for the actual period run prevailing on the date of deposit less 1% penalty for foreclosure.
 
NRE Accounts

Repatriable Savings Bank and Term Deposit Rupee accounts carrying interest rates.
NRE Savings Bank - 3.5 % p.a. (Effective from 18. 11.2005)
   
Interest Rates on Non Resident External Rupee Deposit      (Term Deposits)  Effective from 01 March 2010
  Effective from  01 March 2010
Maturity Period Interest Rate [% p.a.]
1  year to less than 2 years

2.59
2  years to less than 3 years

2.83
3 years and above upto and including 5 years

3.44

Note :
The above changes in interest rates will also apply to NRE deposits renewed after their present maturity period
 
FCNR (B)

Rate of Interest at percent per annum w. e. f.  01 March 2010
Term Deposit Percent Per Annum (% p.a.)  - w.e.f. 01 March 2010
GBP USD EURO
One month and up to below 3 months

Deposits are accepted for a minimum period of one year
Three months and above but below Six months
Six months and above but below one year
One year and above but below two years

2.30

1.84

2.20
Two years and above but below three years

2.57

2.08

2.45
Three years and above but below four years

3.11

2.69

2.85
Four years and above but below five years

3.58

3.20

3.18
Five years only

3.94

3.62

3.47
  • Interest on FCNR (B) deposits for periods above one year are compounded on half yearly basis at 360 days a year.
  • The interest rates quoted are maximum permissible and hence deposits of retired staff members cannot be extended additional interest over the rates quoted.
 
RFC Deposits

Rate of Interest at percent per annum w. e. f. :  01 March 2010

Term Deposit

 Percent Per Annum (% p.a.) - w.e.f. 01 March 2010

GBP

USD

EURO
One month and up to below 3 months

1.54

1.23

1.38
Three months and above but below Six months

1.64

1.25

1.60
Six months and above but below one year

1.87

1.39

1.91
One year and above but below two years

2.30

1.84

2.20
Two years and above but below three years

2.57

2.08

2.45
Three years and above but below four years

3.11

2.69

2.85
Four years and above but below five years RFC Term Deposits are accepted only for maximum period of three years and at simple rate of interest
Five years only
 
RFC - SB DEPOSITS
RFC Savings Bank Deposits: Interest with effect from  01 March 2010 is as under

CURRENCY

INTEREST RATE

GBP

1.54 %

USD

1.23 %

EUR

1.38 %
 
Capital Gains Accounts Scheme 1988

Category of Account  
Savings Bank Account 3.5 % p.a
Term Deposit Account As Mentioned in Domestic Term Deposit (given above)
Debt Waiver / Relief Beneficiaries
announcement
Click here to apply for Online Education Loan

MOBILE BANKING services: NOW your Bank FITS IN YOUR POCKET

Vijaya Bank, launches SMS & e-mail alerts for Financial Transactions for its Customers.

Click for details of SPECIAL One Time Settlement [OTS] Scheme for Micro & Small Enterprises [MSE] Sector NPAs

Vijaya Bank intends to sell 37 impaired assets amounting to Rs. 107.13 crores either on cash or on the combination of Cash and security receipt basis on the terms and conditions as detailed

VRDF - Vijaya Rural Development Foundation - Objectives & functions

BASEL - II DISCLOSURES

VIJAYA BANK SPEED REMITTANCE for electronic transfer of money through Exchange Houses in GULF CONTRIES to the account of the remitter or their relatives either on the same day or latest by next working day, with any of our Branches in India.

VEBSETI - Vijaya Bank Self Employment Training Institute - Services rendered, motivating & assisting unemployed youth

A QUICK GLANCE on INTEREST RATES & CHARGES for Deposits, Loans & Charges on Services

Implementation for the Prime Minister’s 15 Point Program for the Welfare of Minorities, parameters shown as per recommendation of Sachar Committee: Position MARCH 2009.

'Cheque Drop Box' facility available at Branches / onsite ATM cabin.

Facilities managed by Vijaya Bank at Tirumala Tirupati Devastanam (TTD)

Online Payment of Direct Taxes - e-payment of direct Taxes by our account holders

V- Gen U TH - Together lets build a bright future for your Child. Invest in this Savings Bank account for your child

Vijaya Bank has joined the consortium of Banks for sharing of ATMs, with effect from 3rd Aug 2007.

Retail lending Scheme for serving & retired Defence personnel - V Rakshak

Retail lending Scheme for Teachers - V Shikshak

Health Cum Accident Policy Exclusively for Account Holders - V-Arogya Bima Policy.

Debt Waiver / Relief Beneficiaries
We at Vijaya Bank | Branch Network | Customer Relations | Other Links | Site Map | Download Forms | Interest Rates
FAQ | Find a Branch | Deposits | Loans & Advances | NRI Services | Remittance & Collection Facilities | Other Services
© 2006 Vijaya Bank. All rights reserved. Disclaimer
Best viewed with Internet Explorer Ver 5.5 and Ver 6 or Netscape Ver 7.3 and Ver 8 or Firefox Ver 1.5 with a resolution of 800x600.