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Nov 1, 2010

EXIM Bank Term Deposit Scheme November 2010

EXPORT-IMPORT BANK OF INDIA

 

Exim Bank Term deposit Scheme has revised the rate of interest w.e.f 1st Nov,2010

 

 

 

 

Period

Interest Rates

Upto Rs.1 crore

above Rs. 1 crore

12-36M

7.50%

6.50%

36-60M

7.75%

6.75%

60M

8.00%

7.00%

 

Note:

  • The above rates are applicable for Individual & NRI (on non repatriable basis ) who are citizens of India,HUF's ,Army Group Insurance,Army/Defence Regiment Funds,Reputed Education/Research Institutions,PF/Superannuation Fund Trust who are eligible to invest in term deposit of Public Financial Institution.
  • Senior Citizens & physically challenged persons are eligible for additional interest at 0.50% p.a. for 12-60M deposits.
  • The above rates are not applicable for Corporates ,Trusts & other categories.
  • These rates are applicable for deposits where cheques are realised on or after 1st Nov,10.
  • Multiple applications in the same name/PAN will be considered as single application for the purpose of interest payment.

 

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