State Bank of Mysore

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Interest rates

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SBM's Base Rate

SBM's Prime Lending Rate

Interest rates on Domestic Deposits

Interest rates for  Deposits (Rs 1.00 Cr to Rs 5.00 Cr)

Interest rates on Personal Segment Advances

Interest rates on NRE Deposits and Schemes

Interest rates on SME Segment Advances

Interest rates on Agricultural  Advances

Laughing  Special Campaign --- P Segment Loans Concession in rates of Interest Laughing

SBM Base Rate inrespect of all advances (other than certain exempted categories): 10.15 %( w.e.f 04.03.2013)
SBM Prime Lending Rate- SBMPLR-15.00%( w.e.f 04.03.2013)

RATES OF INTEREST WITH EFFECT FROM 04-03-2013.

FOR DEPOSITS OF LESS THAN Rs 1.00 CRORE

PERIOD

REVISED RATE OF INTEREST (%)

Less than Rs.15 lacs

Rs.15. lacs & above

7 Days to 14 days 

------

7.00

15 to 179 days

7.00

7.00

180 days to less than 1 year

7.50

7.50

1 year & above upto 2 years

9.00

9.00 

Above 2 years & upto 3 years

9.10

9.10

Above 3 years & upto 5 years

9.10

9.10
Above 5 years 8.75 8.75


1.The revised rates are applicable for fresh deposits and renewal of maturing deposits.

2. Senior Citizens will be eligible for 0.50% extra interest for all maturities.

3. The revised rates are also applicable to deposits accepted under Capital Gains Scheme, 1988, Deposits from Cooperative banks and NRO Deposits.
4. Mybank Surakshana and SBM Tax Saver scheme will also carry an interest rate of 9.10%

  Interest rates for Deposits (Rs 1.00 Cr to Rs 5.00 Cr) (with effect from 15-04-2013)

Period of Deposit

Card Rate of Interest proposed (%)

7 to 45 days

7.50

46 to 90 days

7.50

91 to 179 days

7.50

180 to 269 days

8.25

270 to 364 days

8.50

1 year (One year only)

8.75

Top

The existing and revised rates of interest (with effect from 04.03.2013)

which are linked to BASE RATE are as under

1. Interest on existing advances under the fixed rates of interest category shall continue to be charged at the agreed rate.

2. All existing loans linked to BASE RATE under floating rates shall be charged as under:

Sl. No

NAME OF THE SCHEME

 

Spread over Base Rate

Existing Rates Of Interest

(%)

Revised Rates Of Interest

W E F 04.03.2013

(%)

1

c) For HOUSING LOANS SANCTIONED FROM  03.10.2012

Limit

Margin 25% & above

Margin less than 25%

 

Existing

Revised

Existing

Revised

Upto Rs. 25 lacs

10.50%(0.25% above Base rate) 

10.40%(0.25% above Base rate) 

10.75%(0.50% above Base rate) 

10.65%(0.50% above Base rate) 

Above Rs. 25 lacs

10.65%(0.40% above Base rate) 

10.55%(0.40% above Base rate) 

10.75%(0.50% above Base rate) 

10.65%(0.50% above Base rate) 

 

2

USED CARS

Upto 3 years

6.50

16.75

16.65

 

3yrs Upto 5 years

7.25

17.50

17.40

3.

FOR NEW CAR LOANS SANCTIONED FROM 03.10.2012

Upto and inclusive

of 7 years

0.75

11.00

10.90

4

TWO WHEELER LOANS

Up to 5 Years

6.50

16.75

16.65

5

EDUCATION LOANS:

(*0.50% CONCESSION FOR GIRL STUDENTS FOR LOANS SANCTIONED W.E.F.01.04.2009)

Floating

 

 

 

Upto `4.00 Lacs

3.25

13.50

13.40

`.4.00 to `.7.50 Lacs

3.00

13.25

13.15

Above `.7.50 Lacs

1.75

12.00

11.90

Fixed

No fixed rates

6

IBA MODEL LOAN SCHEME FOR VOCATIONAL EDUCATION & TRAINING

 

3.25

 

13.50

 

13.40

7

MYBANK SCHOLAR

TERM LOAN

1.75

12.00

11.90

8

UDYOGI GNANAMITRA

TERM LOAN

4.00

14.25

14.15

9

ALL PURPOSE MORTGAGE LOAN

Overdraft

5.75

16.00

15.90

Term Loan

5.25

15.50

15.40

10

MYBANK HOME CASH

TERM LOAN

5.25

15.50

15.40

OVERDRAFT

5.75

16.00

15.90

11

PERSONAL LOAN

Upto 3 YEARS

7.25

17.50

17.40

12

XPRESS CREDIT (MODIFIED)

WITH CHECK OFF

4.75

15.00

14.90

WITH PARTIAL CHECKOFF

5.25

15.50

15.40

NO CHECK OFF

6.75

17.00

16.90

13

MYBANK ARAKSHAK

DEMAND LOAN

6.00

16.25

16.15

14

MYBANK ADHAYAPAK

DEMAND LOAN

6.00

16.25

16.15

15

MYBANK UTSAV

DEMAN LOAN

6.50

16.75

16.65

16

BDA SITE PURCHASE-PAYMENT OF INITIAL DEPOSIT

DEMAND LOAN

 

5.25

15.50

15.40

17

MYBANK SAMACHAR (DL)

(Interest set at CBS is 15.90%.

Branches to give discount at account level for Check-off facility) 

WITH CHECK –OFF FACILITY

5.25

15.50

15.40

WITHOUT CHECK OFF FACILITY

5.75

16.00

15.90

18

SANJEEVINI

(Interest set at CBS is 15.90%.

Branches to give discount at account level for Check-off facility) 

WITH CHECK –OFF FACILITY

5.50

15.75

15.65

WITHOUT CHECK –OFF FACILITY

5.75

16.00

15.90

19

GOLD LOAN (for loans sanctioned from 04.03.2013)

 

 

2.35

 

12.50

20

LOAN AGAINST NSC/RBI RELIEF BONDs/KVPS/ IVPS/ SURRENDER VALUE OF SBI LIFE POLICY/SBI MAGNUM/ SURRENDER VALUE OF LIC POLICY

DEMAND LOAN

4.25

14.50

14.40

OVERDRAFT

 

4.25

14.50

14.40

21

HELPAGE

DEMAND LOAN

4.50

14.75

14.65

22

LOANS AGAINST SHARES

DEMAND LOAN

7.50

17.75

17.65

23

ADVANCES AGAINST

SECURITIES OF UNITS OF UTI

DEMAND LOAN

7.50

17.75

17.65

24

CONSUMER DURABLES

Upto 3 Years

7.25

17.50

17.40

25

VARSHA VAHINI

UPTO 5 YEARS

1.50

11.75

11.65

26

HBL- INT SUBSIDY SCHEME-ISHUP

5-15 Years

1.75

12.00

11.90

15-20 Years

2.00

12.25

12.15

27

CLEAN  OVERDRAFTS

 

7.25

17.50

17.40

28

REVERSE MORTGAGE LOAN

OVER DRAFT (Fixed Rate)

Public

 

11.25

11.25

Staff

 

10.75

10.75

 

TOP

Interest Rates on Advances made to MICRO & SMALL ENTERPRISES

MSME SEGMENT ADVANCES : BASE RATE-10.25% w.e.f.03-10-2012

  1. INTEREST RATES FOR MICRO & SMALL ENTERPRISES ADVANCES TO INDUSTRY AND SERVICE SECTOR

(A) Working Capital up to Rs.25.00 lacs. 

Size of the Credit Limit

 

INTEREST

w.e.f  01.11.2011

(BR-10.50%)

 


Interest       Rate

Advances under DIR

Scheme 

--

4.00

Limits upto Rs.50000

BR+2.25

12.75

Above Rs.50000/ &

Upto Rs.2.00 lacs

BR+3.25

13.75

Above Rs.2.00 lacs  & upto Rs.5.00 lacs

BR+4.00

14.50

Above Rs. 5.00 lacs & below Rs.25.00 lacs

BR+4.50

15.00

(B) Working Capital Rs.25.00 lacs and above  (CRAS)

CRA Rating


Interest Rate

(%) 

SB 1

BR+4.00

14.50

SB 2 

BR+4.25

14.75

SB 3,4&5 

BR+5.00

15.50

SB 6&7 

BR+5.50

16.00

SB 8&9 

BR+6.00

16.50

SB 10 

BR+6.25

16.75

SB 11&12

BR+6.75

17.25

SB 13&14 

BR+7.25

17.75

SB 15&16 

BR+7.75

18.25

2. ADVANCES TO MICRO & SMALL ENTERPRISES - INDUSTRIAL AND

SERVICES SECTOR (FOR TERM LOANS)

TERM LOANS

Period

Upto Rs.50,000/-(%)

>Rs.50,000

To Rs.2.00 lacs

(%)

>Rs.2.00 lacs to

Rs.5.00 lacs

(%)

>Rs.5.00 lacs to Rs.25.00 lacs(%)

Upto 3 years

BR+2.25

12.75

BR+3.25

13.75

BR+4.00

14.50

BR+4.50

15.00

> 3 to 5 years

BR+2.75

13.25

BR+3.75

14.25

BR+4.50

15.00

BR+5.00

15.50

> 5 years

BR+3.00

13.50

BR+4.00

14.50

BR+4.75

15.25

BR+5.25

15.75

b)  (i) Rs.25.00 lacs and above (CRAS)-TERM LOAN

CRA Rating

 

TENOR UP TO 3 YEARS 

>  3 YEARS

TO < 5 YEARS

5 YEARS &  ABOVE

SB 1

BR+4.00

14.50

BR+4.50

15.00

BR+4.75

15.25

SB 2 

BR+4.25

14.75

BR+4.75

15.25

BR+5.00

15.50

SB 3,4&5 

BR+5.00

15.50

BR+5.50

16.00

BR+5.75

16.25

SB 6&7 

BR+5.50

16.00

BR+6.00

16.50

BR+6.25

16.75

SB 8&9 

BR+6.00

16.50

BR+6.50

17.00

BR+6.75

17.25

SB 10 

BR+6.25

16.75

BR+6.75

17.25

BR+7.00

17.50

SB 11&12

BR+6.75

17.25

BR+7.25

17.75

BR+7.50

18.00

SB 13&14 

BR+7.25

17.75

BR+7.75

18.25

BR+8.00

18.50

SB 15&16 

BR+7.75

18.25

BR+8.25

18.75

BR+8.50

19.00

 

MYBANK- MSE WELCOME   

            
BR+0.50                		   For the First year @ 11.00% p.a. and applicable floating rate from 2nd year onwards                       

RICE MILL PLUS :

3. (1) Working Capital – Limit above Rs. 10.00 lakh

i)Collateral Coverage:

CRA Rating

> or equal to 75%

Equal or > 50% & < 75%

SB 1&2

BR+2.50

13.00

BR+3.00

13.50

SB 3,4&5 

BR+3.00

13.50

BR+3.50

14.00

SB 6&7 

BR+3.50

14.00

BR+4.00

14.50

SB 8&9 

BR+4.50

15.00

BR+5.00

15.50

3.  (2)     Term Loan- up to 3 Years   i)Collateral Coverage

CRA Rating

> or equal to 75% 

Equal or > 50% & < 75%

 

SB 1&2

BR+3.00

13.50

BR+3.50

14.00

SB 3,4&5 

BR+3.50

14.00

BR+4.00

14.50

SB 6&7 

BR+4.00

14.50

BR+4.50

15.00

SB 8&9 

BR+5.00

15.50

BR+5.50

16.00

3. (3)   Term Loan- > 3 Years < 5 Years

i)Collateral Coverage

CRA Rating

> or equal to 75% 

equal or > 50% & < 75%

SB 1&2

BR+3.00

13.50

BR+3.50

14.00

SB 3,4&5 

BR+3.50

14.00

BR+4.00

14.50

SB 6&7 

BR+4.00

14.50

BR+4.50

15.00

SB 8&9 

BR+5.00

15.50

BR+5.50

16.00

3. (4)     Term Loan- >  5 Years

i)Collateral Coverage

CRA Rating

> or equal to 75% 

equal or > 50% & < 75%

SB 1&2

BR+3.00

13.50

BR+3.50

14.00

SB 3,4&5 

BR+3.50

14.00

BR+4.00

14.50

SB 6&7 

BR+4.00

14.50

BR+4.50

15.00

SB 8&9 

BR+5.00

15.50

BR+5.50

16.00

4.Contractor Plus

a)for BBMP Contractors

BR+4.25

14.75

b) for Others

BR+4.50

15.00

5.Micro Sector Collateral Free Loans

Interest Rate(%)

Working Capital

BR+0

10.50

Term Loans

 

I  )Period upto 3 yrs

BR+0

10.50

ii)  3 yrs to 5 yrs

BR+0

10.50

iii) > 5 yrs

BR+0

10.50

‘SME Smart Score’ Scheme


Repayable on Demand

or upto 3 years

Repayable

above 3 years

> Rs.5.00 lacs and <Rs.25.00 lacs

 

BR+4.50

 

15.00

 

BR+5.00

 

15.50

>Rs.25 lacs

Upto Rs.50 lacs

BR+5.00

 

15.50

BR+5.50

 

16.00

SME  Four Wheeler Loan(New Car)

BR+2.50

13.00%

SME Car Loan(Used Vehicles)

Period

Rate of Interest

Upto 3 years

BR+7.00

17.50

Above 3   to  5 years

BR+7.50

18.00

MORTGAGE PLUS

Interest Rate

Term Loan-SBF

BR+4.50

15.00

Overdraft -SBF

BR+5.00

15.50

LIBERALISED TRADE FINANCE

Interest Rate

Cash Credit(SBF)

BR+4.75

15.25

Term Loan(SBF)

BR+5.25

15.75

Term Loan(SSI)

BR+4.50

15.00

SBM DOCTOR PLUS

(For loans upto Rs.25.00 lacs)

Score

Interest Rate

65 & above                     

BR+3.25

13.75

55 - 64                            

BR+3.50

14.00

45 - 54                            

BR+3.75

14.25

40 - 44                            

BR+4.25

14.75

Below 40                        


No Finance

CREDIT RATING

(For loans above Rs.25 lacs and up to Rs.10 crores)

 

CRA Rating (New Model)

 

Interest Rate

SB 1 to SB 2

BR+3.25

13.75

SB 3, SB 4 & SB 5

BR+3.50

14.00

SB 6 & SB 7

BR+4.00

14.50

SB 8

BR+4.50

15.00

 MYBANK-SURYAKIRAN 

Period

Rate

Upto 5 years

5.00%(Fixed)

Dall Mill Plus  

 WORKING CAPITAL

As applicable to MSME conventional industries

 

Interest  Rate

Upto Rs. 2.00 lacs

BR+2.75

13.25

Above Rs.2  lacs & upto Rs. 5.00 lacs

BR+3.50

14.00

Above Rs.5  lacs & below Rs. 25.00 lacs

BR+4.00

14.50

Rs. 25.00 lacs and above as per CRA


 

Interest  Rate

For units with CRA rating

Working Capital & Term Loan repayable with in 3 years

SB 1 & SB 2

BR+3.25

13.75

SB 3,SB 4 & SB 5

BR+3.75

14.25

SB 6 & SB 7

BR+4.25

14.75

SB 8 & SB 9

BR+4.75

15.25

TERM LOANS Rs. 25.00 lacs and above as per CRA

As applicable to MSME conventional industries

 

Interest  Rate

Upto Rs. 2.00 lacs

BR+3.25

13.75

Above Rs.2  lacs & upto Rs. 5.00 lacs

BR+4.00

14.50

Above Rs.5  lacs & below Rs. 25.00 lacs

BR+4.50

15.00

Rs. 25.00 lacs and above as per CRA

For units with CRA rating

Term Loan repayable in 3 years and above

SB 1 & SB 2

BR+3.75

14.25

SB 3,SB 4 & SB 5

BR+4.25

14.75

SB 6 & SB 7

BR+4.75

15.25

SB 8 & SB 9

BR+5.25

15.75

Force Motors Ltd

Interest  Rate

Loans upto Rs.2.00 lacs 

BR+4.25

14.75

Above Rs.2.00 lacs to Rs.10.00 lacs 

BR+5.00

15.50

Above Rs.10.00 lacs 

BR+5.25

15.75

First nTimr Users


Up to Rs.5.00 lakh 

BR+5.75

16.25

Above Rs. 5.00 lakh to Rs. 10.00 lakh 

BR+6.25

16.75

 

Man ForceTrucks(P) Ltd.,

 

Term Loans

Interest Rate

Upto Rs. 10.00 lacs

BR+4.50

15.00

Above Rs.10.00 lacs

BR+5.50

16.00

First time Users


Upto Rs. 10.00 lacs

BR+5.00

15.50

Above Rs.10.00 lacs

BR+6.00

16.50

 

BEVERAGES CORPORATION SCHEME FOR FINANCING RETAILERS OF

K S B C LTD-

Value of the Security

Interest  Rates

25 to 50 %

BR+4.75

15.25

50 to 75 %

BR+4.25

14.75

> 75 %

BR+3.75

14.25

INTEREST RATES TO BE CHARGED TO ADVANCES MADE TO MEDIUM ENTERPRISES-

AS APPLICABLE TO C & I SEGMENT.

Top

 

AGRICULTURAL RATE OF INTEREST W.E.F.04.03.2013

Direct Agricultural advances.

1.Crop Loans

1.A. Crop Loans: Limit up to & inclusive of Rs: 25 Lakhs

 

Size of Limit

Interest Rate (%)

Upto Rs: 3,00,000/- (For all Schemes)

7.00

Above Rs: 3 Lakhs & upto Rs: 25 Lakhs

14.15

1.B Crop Loans Above Rs: 25 Lakhs upto Rs: 5.00 Crores (CRAS)

CRA RATING

Interest Rate (%)

SB 1

13.65

SB 2

13.65

SB 3

14.15

SB 4

14.15

SB 5

14.15

SB 6

15.15

SB 7

15.15

SB 8

15.15

SB 9

15.15

SB 10

15.65

SB 11

15.65

SB 12

15.65

SB 13

15.65

SB 14

15.65

SB 15

15.65

SB 16

15.65

1. C. INTEREST RATES ON COFFEE ADVANCES

(The following rates area applicable if repayment is made within one year of sanction. Otherwise 2 % penalty for each slab.)

a)  Up to     Rs; 3 Lakhs                                                       7 %

b)  Above   Rs: 3 Lakhs and upto Rs: 25 Lakhs                      10.15 %

c)  Above   Rs: 25 Lakhs and upto Rs: 1 Crore                        11.15 %

d)  Above   Rs: 1 Crore and upto Rs: 5  Crore                          12.15 %

2. Agricultural Term Loans

2.A .Agricultural Term Loans: Limit upto & inclusive of Rs 2 Lakhs inclusive of Farm House and Rural Godown Schemes for Limits upto Rs: 2.00 Lakhs

 

Period of Loan

Amount of Loan

Interest Rate (%)

Upto and inclusive of 5 years

Upto Rs: 50000

12.65

 

Above Rs: 50,000 & upto Rs:2 Lakhs

13.90

 

 

 

Above 5 Years

Upto Rs: 50,000

12.90

 

Above Rs: 50,000 & upto Rs: 2 Lakhs

14.15

 

 

 

 

 

2.B. Agricultural Term Loans: Limit above Rs: 2 Lakhs & upto Rs: 25 Lakhs

 

Period of Loan

 

Interest Rate (%)

Up to and inclusive of 5 years

Above Rs: 2 Lakhs up tp Rs: 25 Lakhs

14.90

Above 5 years

Above Rs: 2 Lakhs up to Rs: 25 Lakhs

15.15

 

2. C Agricultural Term Loans ( Limit: Above Rs: 25 Lakhs up to Rs. 5.00 Crores )

(i) Repayment period above 3 years up to 5 years

CRA RATING

Interest  Rate%

SB 1

14.90

SB 2

14.90

SB 3

15.40

SB 4

15.40

SB 5

15.40

SB 6

15.40

SB 7

15.40

SB 8

15.40

SB 9

15.40

SB 10

16.65

SB 11

16.65

SB 12

16.65

SB 13

16.65

SB 14

16.65

SB 15

16.65

SB 16

16.65

 

2.C. Agricultural Term Loans ( Limit: Above Rs:25 Lakhs  Up to Rs: 5.00 Crores )

(ii) Repayment period above 5 years up to 15 years

CRA RATING

Interest  Rate ( % )

SB 1

15.15

SB 2

15.15

SB 3

15.40

SB 4

15.40

SB 5

15.40

SB 6

15.90

SB 7

15.90

SB 8

15.90

SB 9

15.90

SB 10

16.90

SB 11

16.90

SB 12

16.90

SB 13

16.90

SB 14

16.90

SB 15

16.90

SB 16

16.90

 

 

3. INTEREST RATES FOR OTHER SPECIFIC ACTIVITIES

3.A. Produce Marketing Loans ( PML)

Activities/ Limit

Interest Rate %

PML (OTHER THAN  NBHC)

Irrespective of limit

12.40

PML through MOU with NBHC

( I ) Farmers/ Agriculturists

-Up to Rs: 10 Lakhs

 

( I )             12.40

(ii) All Others

Up to Rs: 300 Lakhs

 

( ii )            13.15

 

3. B. OTHER SPECIFIC ACTIVITIES

 

 

Details

Repayment  period

Interest Rate %

ii) Purchase of coffee Estates & Areca nut

gardens ( Above Rs: 2 Lakhs upto Rs:25 Lakhs)

 

Up to 5 years

14.90

Above 5 Years

 

15.15

iii) Agri. Farm Scheme ( Farm Mechanization)

Irrespective of Limit& Repayment period

15.15

iv) Farm House

up to and inclusive of 5 years

14.90

 

Above 5 years

 

15.15

v) Kissan Chakra (Above Rs:2 Lakhs upto Rs: 10 Lakhs )

(Max  Rs: 5 Lakhs)

Irrespective of the limit

Up to & inclusive of

5 years

14.90

 

Irrespective of the limit

Above 5 years

15.15

vi) Kissan Chakra ( 2 Wheelers )

(Maximum of Rs: 50000 )

Irrespective of repayment period

15.15

vii)Cold Storage units (Above Rs:2  lakhs

& Up to Rs:25  Lakhs )

Repayment up to and

Inclusive of 5 years

14.90

 

Repayment above

5 years

15.15

viii) Rural Godowns ( Above Rs: 2 lakhs

And  up to Rs: 25 Lakhs )

Repayment up  to &

Inclusive of 5 years

14.90

 

Repayment above

5 years

15.15

 

 

4. LOANS TO SELF HELP GROUPS ( SHGs)

Self Help Groups

Limit

Interest Rate  ( % )

Direct Loans to SHGs/

Non Govt Organizations

(NGOs) / Micro Finance

Institutions (MFIs)

Upto Rs: 2 Lakhs

12.15

Above Rs: 2 Lakhs

13.15

 

Lending to SHG through

VIKASA & BIRD.k

All Limits

10.90

5. INDIRECT ADVANCES

5.(A) Co-operative /Intermediary agencies-Crop Loans

Limit

Interest Rate %

Up to Rs: 50,000/-

 

12.15

Above Rs: 50000/- up to Rs: 2 Lakhs

 

12.65

Above Rs: 2 Lakhs up tp Rs: 25 Lakhs

 

12.65

 

 

( B ) Co-operatives / Intermediary –Agricultural Term Loans

Nature of

Facility

Repayment period

Limit

Interest Rate (%)

i) Term Loans

Up to and inclusive of 5 years

Up to Rs: 50000

 

12.65

Above Rs; 50,000

Up to Rs: 2 Lakhs

 

13.40

Repayment above 5 years

Up to Rs: 50000

 

12.90

ii) Term Loans

Repayment up to &

inclusive of 5 years

Above Rs:50000

Up to Rs: 2 lakhs

 

13.65

Above Rs: 2 Lakhs

Up to Rs: 25 Lakhs

 

13.90

Repayment above 5

years

Above Rs: 2 Lakhs

Up to Rs:25 Lakhs

 

14.15

NRE Term / Reinvestment Deposit account

Period

Revised Rate of Interest w.e.f. 01-01-2013

1 Year & above upto 2 years

9.00

Above 2 years & upto 3 years

9.10

Above 3 Years   upto 05 years

9.10
     Above 5 years 8.75

Note: All these interest rates are subject to change without notice. The revised interest rates are applicable only on fresh deposits and renewal of maturing deposits.

i)The revised rates are applicable to fresh deposits and on renewal of maturing deposits.

ii)  In case of Premature withdrawal:

  1. No interest is payable if the deposit is withdrawn before one year
  2. In other cases of premature withdrawal, the interest paid shall be 1.00% below the rate
    applicable for the period the deposit has remained with the Bank or 1.00% below the
    contracted rate, whichever is less.

Interest Rates on FCNR(B) deposits with effect from  01.04.2013

PERIOD

RATE OF INTEREST ( % p.a. )

USD

GBP

EUR

CAD

AUD

1 Year & above but less than 2 Years

    2.70

2.89

2.40

3.76

5.51

2 Years & above but less than 3 Years

2.36

2.59

2.39

3.29

4.78

3 years & above but less than 4 Years

3.45

3.65

3.48

4.36

5.92

4 Years & above but less than 5 Years

3.60

3.75

3.60

4.47

6.12

5 Years Only

3.82

3.90

3.75

4.59

6.26


 

Interest Rates on RFC deposits with effect from 01.04.2013

TYPE/ PERIOD OF DEPOSIT

RATE OF INTEREST (% p.a.)

USD

GBP

EURO

Current Account

No Interest

Savings Bank Account

0.75

2.50

1.25

Term Deposits

 

3 months and above less than 6 months

1.52

1.75

1.37

6 months and above less than 1 year

1.68

1.84

1.46

1year & above but less than 2 years

        2.70

2.89

        2.40

2 years & above but less than 3 years

2.36

2.59

2.39

3 years & above but less than 4 years

3.45

3.65

3.48

4 years & above but less than 5 years

3.60

3.75

3.60

5 years only

3.82

       3.90

3.75


 
 
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State Bank of Mysore,
H .O.: K.G.Road,
Bangalore - 560254, INDIA.
Phone: 91 80 22353901 to 22353909 ; 22353473.
Fax: 91 80 22283684

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