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Old June 22nd, 2016, 01:38 PM
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Default Nainital Bank FD

Hello sir, is there any one can provide me detail of interest rate for fixed deposit of Nainital bank? How much interest is applied in FD by Nainital bank?
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Old June 22nd, 2016, 02:11 PM
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Join Date: Dec 2012
Posts: 19,419
Default Re: Nainital Bank FD

Nainital Bank is one of the leading banks for to provide banking services. The Nainital Bank offers fixed deposit schemes for various durations.

The Nainital Bank has a service for fixed deposit that is for simple investment Deposits which can be opened with a minimum investment of Rs 1,000.

The tenure of fixed term deposit must be a minimum of 12 months.

Interest Rate

As on 20th Oct 2015:

Maturity Range Rates (%p.a.) Rates for Senior Citizens
7 days to 14 days 4.00 4.50
15 days to 30 days 4.50 5.00
31 days to 45 days 6.00 6.50
46 days to 90 days 6.50 7.00
91 days to 179 days 6.75 7.25
180 days and above but below 270 days 7.50 8.00
270 days and above but less than 01 year 7.50 8.00
1 Year and above but upto 2 years 7.90 8.40
Above 2 years but less than 3 years 7.75 8.25
3 years and above but less than 5 years 7.75 8.25
5 years and above upto 10 years 7.50 8.00
Naini Tax Saver Scheme 7.75 7.75

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)
Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Naini Tax Saver Scheme – Upto Rs. 1 lakh 7.60 7.60
5 years to 10 Years
Answered By StudyChaCha Member
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