BARODA GUJARAT GRAMIN BANK       REACHING TO UNREACHED.....
Rate Of Interest On Term Deposit

For Term Deposits of Less than Rs. One Crore (Fresh & Renewal)

MATURITY RANGE

Existing WEF 01.01.2016

Revised WEF 21.11.2016

Less than ` 1 Crore

Less than ` 1 Crore

7 days to 14 days

4.75 %

4.55 %

15 days to 45 days

4.75 %

4.55 %

46 days to 90 days

7.00 %

6.55 %

91 days to 180 days

6.75 %

6.60 %

181 days to 270 days

7.30 %

6.80 %

271 days to less than 1 year

7.30 %

7.00 %

 1 Year

7.40%

7.05%

Above 1 year and up to 2 years

7.40 %

7.05 %

Above 2 years and up to 3 years

7.40 %

7.00 %

Above 3 years & and up to 5 years

7.40 %

6.55 %

Above 5 years & up to 10 years

7.30 %

6.55 %

BGGB DOUBLE DHAMAKA TERM DEPOSIT SCHEME:

MATURITY RANGE

Existing WEF 01.01.2016

Revised WEF 21.11.2016

Less than ` 1 Crore

Less than ` 1 Crore

General Public : 128 Months & 01 days

07.30%

06.55%

Senior Citizens: 119 Months & 01 days

07.80%

07.05%

Staff: 111 Months & 07 days

08.30%

07.55%

Senior Citizens (staff) : 104 Months & 11 days 

08.80%

08.05%

BGGB TAX SAVING TERM DEPOSIT ACCOUNT **

Maturity Range

Existing w.e.f. 01.01.2016

Revised w.e.f. 21.11.2016

For 5 Years

7.40%

6.55%

Above 5 Years & up to 10 Years

7.30%

6.55%

 

** No additional Interest benefit has been extended to Senior Citizen and Staff for FDRs placed under BGGB TAX SAVING TERM DEPOSIT scheme. Premature withdrawal not allowed before completion of 5 years except in case of death of the customer.


    For NRE Term Deposit:-

Maturity Period

Existing w. e. f. 01.01.2016

Revised w. e. f. 21.11.2016

Above 1 year and up to 2 years

7.40%

7.05%

Above 2 years and up to 3 years

7.40%

7.00%

Above 3 years & and up to 5 years

7.40%

6.55%

 

3. Domestic Term Deposits for Senior Citizens.

Deposits of Senior Citizens for all maturities will receive additional interest of 0.50% p.a. only.


 

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