Oriental Bank of Commerce Latest Interest Rates - 2017-2018 StudyChaCha

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Old September 13th, 2017, 12:25 PM
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Default Oriental Bank of Commerce Latest Interest Rates

Hi I would like to have the information about the deposit schemes offered by IDBI Oriental Bank of Commerce as well as the interest rates offered by the Bank?
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Old September 13th, 2017, 01:44 PM
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Default Re: Oriental Bank of Commerce Latest Interest Rates

Oriental Bank of Commerce offers FDs to clients at aggressive loan costs. These rates can be changed at the banks circumspection with changes in advertise rate cycles. This can make it hard for investors to determine the most recent rates on offer from the bank and to pick the most helpful plan. OBC gives clients a chance to store reserve funds and additional assets for differing residencies which can be for short terms to medium and long terms relying upon singular prerequisites.

The above table gives clients a chance to see the most recent rates offered by the bank. All progressions made by the bank to any of its FD plans is caught here on an ongoing premise.

The refreshed rundown of OBC Bank FD Rates, for Regular and Senior Citizen, is recorded beneath:

Tenure
Regular FD Rates
Senior Citizen FD Rates


7 days to 14 days
4.00%
4.00%

15 days to 30 days
4.00%
4.00%

31 days to 45 days
5.00% 5.00%

46 days to 90 days
5.50%
5.50%

91 days to 179 days
6.00%
6.00%

180 days to 269 days
6.50%
6.50%

270 Days to under 1 year
6.75%
6.75%

1 year to under 2 year
6.85%
6.85%

2 Years to under 3 year
6.50%
6.50%

3 Years to under 5 Years
6.50%
6.50%

5 Years to 10 years
6.50%
6.50%

Oriental Bank FD Rates

Oriental Bank of Commerce Short Term Fixed Deposit Rates


Oriental Bank of Commerce offers its contributors with alluring rates of enthusiasm on here and now stores, permitting them with the advantage of exceptional yields while looking after liquidity.

Oriental Bank of Commerce offers stores of 7 days - 14 days at the rate of enthusiasm of 4.00% p.a. Stores of 15 days-30 days are given at the loan cost of 4.50% p.a. The rate of intrigue is helped from an insignificant 4.50% p.a. to 6.0% p.a. for residency lengths of 31 - 45 days. Residencies of 46-90 days win enthusiasm at the rate of 6.75% p.a. Besides, 8.0% p.a. is the rate of intrigue required to residencies of 91 days - 179 days. The rate of enthusiasm for residencies between 180 - 269 days is 8.00% p.a. which is same as the financing cost for residencies of 91 - 179 days.

Oriental Bank of Commerce Medium and Long Term Fixed Deposit Rates

Oriental Bank of Commerce offers high loan costs on longer residency spans. For medium term residencies of 270 days - 1 year, a rate of enthusiasm of 8.00% p.a. is advertised. While the loan cost is helped by 0.60% p.a. for residencies of 1 - 2 years, in this manner making it 8.60% p.a. A rate of enthusiasm of 8.25% p.a. is offered to residency terms of 2 - 3 years. Stores of 3 - 5 years are given at a similar rate of intrigue i.e. 8.25% p.a.

Oriental Bank of Commerce Senior Citizens Fixed Deposit Rates

Oriental Bank of Commerce broadens an extra 0.50% on the standard rack rates to its clients who are over the age of 60 years and in this way go under the class of senior residents.
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