Interest Rates
A savings account at BCBL will provide you with healthy returns on your savings at the same time as you help support project bringing lasting benefits to communities and the environment.
Our range of personal savings accounts has been designed to offer something for everyone. So whether you want to invest a lump sum, put by a little every month or you simply want to move your savings to a bank with a uniquely ethical approach, there is a BCBL savings account to suit your needs.
Rates of interest are as follows:
| SL | Description of Deposit | Interest Rate | ||||||||||||||||||||||
| 1. | Savings Deposit (SD)
i) Special rate for wage earners, housewives & gmts. workers (For non Cheq. A/C) ii) Special rate for wage earners, housewives & gmts. workers (For Cheq. A/C) iii) Rural areas iv) Urban areas (Cities & Other municipalities) |
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8.00% 7.50% 7.50% 7.25% |
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| 2. | Special Notice Deposit (SND)
i) Below 1.00 crore ii) From 1.00 crore to 25.00 crores iii) From 25.00 crore s to 50.00 crores iv) From 50.00 crores to 100.00 crores v) 100.00 crores and above |
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4.00% 4.25% 4.50% 5.00% 6.00% |
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| 3. | Fixed Deposit Receipt (FDR)
i) 1 month to 2 months tenure ii) 3 months to 1 year tenure (Any amount) iii) Above 1 year tenure |
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11.00% 12.50% 12.00% |
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| 4. | Pension Savings Scheme | 9.00% | ||||||||||||||||||||||
Scheme Deposits: |
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| SL | Scheme Deposit | Tenure | Installment Amount | Amount Payable at Maturity | Nominal Interest Rate (Monthly) | |||||||||||||||||||
| 1. | Double Benefit Scheme | 7 Years 6 Months | Any Amount | Double | 9.28% | |||||||||||||||||||
| 2. | Triple Benefit Scheme | 11 Years 8 Months | Any Amount | Triple | 9.45% | |||||||||||||||||||
| 3. | Lakhpati Deposit Scheme | 5 Years | 1,320.00 | 1,00,000.00 | 9.17% | |||||||||||||||||||
| 10 Years | 515.00 | 1,00,000.00 | 9.06% | |||||||||||||||||||||
| 4. | Millionaire Deposit Scheme | 10 Years | 5,085.00 | 10,00,000.00 | 9.29% | |||||||||||||||||||
| 15 Years | 2,530.00 | 10,00,000.00 | 9.49% | |||||||||||||||||||||
| 5. | Kotipoti Deposit Scheme | 15 Years | 25,960.00 | 1,00,00,000.00 | 9.20% | |||||||||||||||||||
| 20 Years | 14,230.00 | 1,00,00,000.00 | 9.40% | |||||||||||||||||||||
| 6. | Marriage Deposit Scheme | 12 Years | 1,000.00 | 2,60,410.00 | 9.15% | |||||||||||||||||||
| 18 Years | 1,000.00 | 5,57,860.00 | 9.35% | |||||||||||||||||||||
| 7. | Education Savings Scheme | 8 Years | 500.00 | 69,620.00 | 8.90% | |||||||||||||||||||
| 12 Years | 500.00 | 1,28,855.00 | 9.00% | |||||||||||||||||||||
Loans & Advances: |
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| SL | Nature of Loan & Advance | Interest Rate | ||||||||||||||||||||||
| 1. |
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| 2. |
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| 3. |
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| 4. | Agricultural Loans | 13.00% | ||||||||||||||||||||||
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| 6. | Transport Loan (Private use/Commercial use) | 18.00% | ||||||||||||||||||||||
| 7. | Non Banking Financial Institution (NBFI) | 15.00% – 15.50% | ||||||||||||||||||||||
| 8. | Lease Finance | 17.00% | ||||||||||||||||||||||
| 9. | Syndicate/Club Finance | 15.50% – 16.00% | ||||||||||||||||||||||
| 10. | Loan Against FDR | Above 2.00% over own FDR Rate Above 2.00% over other Bank FDR |
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| 11. | Loan against Special Schemes | 17.00% | ||||||||||||||||||||||
| 12. | Export Loan | 7.00% | ||||||||||||||||||||||
| 13. | Trade Finance (For rice, wheat, edible oil, pulse, peas, onion, dates & sugar) | 16.00% | ||||||||||||||||||||||
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| 15. | Bill purchase / Loan against Share (SODS) | 17.00% | ||||||||||||||||||||||
| 16. | Consumer Credit Scheme (CCS) | 18.00% | ||||||||||||||||||||||
| 17. | Special Scheme for Service Holders | 18.00% | ||||||||||||||||||||||
| 18. | Special Loan for unemployed women | 16.00% | ||||||||||||||||||||||
| 19. | Women Entrepreneurs with Govt. Re-fiance | 10.00% | ||||||||||||||||||||||
| 20. | Prime Customer | 15.50% | ||||||||||||||||||||||
*Last Update on February 13, 2012
