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    Rates Atglance

    Uploaded by

    Nikita Jain
    1. The document provides interest rates and service charges for various accounts, term deposits, loans, and locker rentals at different branches. 2. Interest rates on savings accounts range from 3.50-3.50% depending on the type of account and minimum balance requirements. Term deposit rates range from 3.50-7.75% depending on the maturity period. 3. Loan interest rates and processing fees are provided for various loans like housing, personal, vehicle, and education loans. Rates vary depending on the loan amount and term.

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    Download as PDF, TXT or read online from Scribd

    Rates Atglance

    Uploaded by

    Nikita Jain
    64 views3 pages
    1. The document provides interest rates and service charges for various accounts, term deposits, loans, and locker rentals at different branches. 2. Interest rates on savings accounts range from 3.50-3.50% depending on the type of account and minimum balance requirements. Term deposit rates range from 3.50-7.75% depending on the maturity period. 3. Loan interest rates and processing fees are provided for various loans like housing, personal, vehicle, and education loans. Rates vary depending on the loan amount and term.

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    1. The document provides interest rates and service charges for various accounts, term deposits, loans, and locker rentals at different branches. 2. Interest rates on savings accounts range from 3.50-3.50% depending on the type of account and minimum balance requirements. Term deposit rates range from 3.50-7.75% depending on the maturity period. 3. Loan interest rates and processing fees are provided for various loans like housing, personal, vehicle, and education loans. Rates vary depending on the loan amount and term.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    64 views3 pages

    Rates Atglance

    Uploaded by

    Nikita Jain
    1. The document provides interest rates and service charges for various accounts, term deposits, loans, and locker rentals at different branches. 2. Interest rates on savings accounts range from 3.50-3.50% depending on the type of account and minimum balance requirements. Term deposit rates range from 3.50-7.75% depending on the maturity period. 3. Loan interest rates and processing fees are provided for various loans like housing, personal, vehicle, and education loans. Rates vary depending on the loan amount and term.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Interest Rates and Service Charges - Rates at a quick glance

    NATURE RATE OF INTEREST MINIMUM BALANCE


    NORMAL SENIOR RURAL SEMI URBAN
    CITIZEN URBAN
    ACCOUNT - - - - -
    1.Savings 3.50 3.50 - - -
    Bank A/c
    A. Domestic
    a. With 3.50 3.50 500 1000 1000
    cheque book
    facility
    b. Without 3.50 3.50 250 500 500
    cheque book
    facility
    c. No Frills 3.50 3.50 0 0 0
    Account
    B. Non 3.50 3.50
    Resident
    a. NRO 3.50 3.50
    b. NRE 3.50 3.50

    2. Term Deposits
    A. Domestic Rate of Interest w.e.f 20.08.2010
    Term Deposits (All Maturities) Upto & including Rs.15 For Deposits above
    lakhs Rs.15 Lakhs but less
    than Rs.1 Crore
    15 days and upto 45 days 3.50 3.50
    46 days and upto 90 days 4.00 4.00
    91 days and upto 179 days 5.50 5.50
    180 days and upto < 1 year 6.25 6.25
    1 year and up to 2 years 7.25 7.25
    Above 2 years and upto < 3 years 7.50 7.50
    3 years and above upto < 5 years 7.50 7.50
    5 years and above upto 10 years 7.75 7.75
    LOANS

    RATE OF INTEREST w.e.f. Processing Processing


    01.07.2010 Charges charges w.e.f.
    LOANS
    1.Housing Loan Upto Rs.30 More than 30
    lakhs lakhs
    Floating
    Category
    Upto 5 years 8.75 9.75 0.60% 15.04.06
    More than 5 9.50 10.00 0.60% 15.04.06
    years & Upto 10
    years
    More than 10 9.50 10.00 0.60% 15.04.06
    years & Upto 15
    years
    More than 15 9.75 10.25 0.60% 15.04.06
    years
    Fixed Category
    (With two years
    re-set clause
    Upto 5 years 11.25 12.25 0.60% 15.04.06
    More than 5 11.25 12.25 0.60% 15.04.06
    years & upto 10
    years
    More than 10 NA NA NA NA
    years
    SBBJ MY HOME LOAN
    A.SBBJ EASY HOME LOAN :
    Interest rate during the first year (i.e. till first anniversary date from the date of
    first disbursement) is Fixed at 8% p.a.
    >Interest rate for 2nd and 3rd year is Fixed at 9.00%. p.a
    >Interest rate after 3rd year may be Fixed or Floating as per the borrower’s choice
    made at the time of sanction. If floating rate option is chosen, then the rate will be
    1.50 % above base rate. If fixed rate option is chosen, then the rate will be 3.75%
    above base rate prevailing on the third anniversary date from the date of first
    disbursement, and shall have a reset frequency of 5 years from the third
    anniversary date of the loan. Fixed interest rate shall be subject to force-majeure
    clause.
    For Home Loans to public sanctioned between 01/07/2010 and 30/09/2010

    B. SBBJ ADVANTAGE HOME LOAN ABOVE Rs. 50 LACS:


    Interest rate during the first year (i.e. till first anniversary date from the date of
    first disbursement) is Fixed at 8% p.a.
    >Interest rate during next two years is Fixed at 9.00%. p.a
    >Interest rate after three years may be Fixed or Floating as per the borrower’s
    choice made at the time of sanction. If floating rate option is chosen, then the
    rate will be 2.00 % above base rate. If fixed rate option is chosen, then the rate
    will be 3.75% above base rate prevailing on the third anniversary date from the
    date of first disbursement, and shall have a reset frequency of 5 years from the
    third anniversary date of the loan. Fixed interest rate shall be subject to force-
    majeure clause.
    For Home Loans to public sanctioned between 01/07/2010 and 30/09/2010

    2. Personal -
    Loan
    a)Consumer NA NA NA NA
    Durable Loan
    b)Senior Citizen NA NA NA NA
    Loan Scheme
    c)Personal Loan
    Scheme
    With check off 13.25 1.15% 15.04.06
    facility
    With SI/PDs 14.25 1.15% 15.04.06
    3.Vehicle Loan
    a.Two Wheeler 15.50 -
    Loans
    b.Three - -
    Wheeler Loans
    c.For New Cars SBBJ EZEE Car Loan Scheme:
    All New Car Loans to public sanctioned between 1 st July 2010 & 30
    th September 2010.
    8.00% p.a. (Fixed) for first year;10% p.a. for 2 nd & 3 rd year.;
    Floating interest rate for 4 th and 5 th year – 3.25% above BaseRate;
    present effective rate 11% p.a.
    Floating interest rate for 6 th and 7 th Year- 3.50 % above Base Rate;
    present effective rate 11.25 % p.a. Processing fee :0.50% of the Loan
    amount
    UP TO 3 10.75 0.60% 15.04.06
    YEARS (LOAN
    Rs.7.50 LACS&
    MORE
    UP TO 3 11.00 0.60% 15.04.06
    YEARS
    (Loans below
    7.50 lacs)
    Above 3 years to 11.00 0.60% 15.04.06
    5 years (All
    Loans)
    Above 5 years to 11.25 0.60% 15.04.06
    7 years (All
    Loans)
    d. For Old Cars
    UP TO 3 14.00 0.60% 15.04.06
    YEARS
    Above 3 years 14.25 0.60% 15.04.06
    4.Educational Upto Rs.4.00 Rs.4.00 lakhs For studies in
    Loans lakhs upto Rs.20 India= NIL
    lakhs For Studies
    Abroad= NIL
    10.25 11.75 -

    LOCKER CHARGES w.e.f. 01.04.2007


    Fee Based Services
    1.Lockers
    Type of Metro/Urban Semi Urban Rural
    Locker
    1 year 2 year 3 year 1 year 2year 3year 1year 2year 3year
    Small 750 1500 2250 650 1300 1950 600 1200 1800
    medium 1800 3600 5400 1200 2400 3600 1000 2000 3000
    large 3000 6000 9000 2500 5000 7500 2500 5000 7500
    extra 5000 10000 15000 4000 8000 12000 4000 8000 12000
    large

    Bulk Deposits: Interest Rates for Rs. 1 Crore & above w.e.f. 27.03.2010
    Tenure of deposits Single deposits of Rs. 1 Crore & above
    7 Days - 14 Days 1.50%
    15 Days - 30 Days 2.00%
    31 Days - 45 Days 2.25%
    46 Days - 90 Days 3.00%
    91 Days - 180 Days 3.50%
    181 Days - 270 Days 4.50%
    271 Days to less than 1 Year 5.25%
    1 Year and Above 6.00%

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