State Bank Of Mysore RD Rates

I want to know the Interest Rates of Recurring Deposit RD of State Bank of Mysore so can you please tell me?

[shikha]

State Bank of Mysore offers Recurring Deposit for a short deposit term from a minimum of 12 months to less than 2 years at an interest rate of 7.60% for regular customers.

For holding an RD for a short duration of more than 2 years to not more than 3 years, the rate of interest offered by the Bank is 7.50%.

State Bank of Mysore Recurring Deposit Interest Rates-

Tenure Of Recurring Deposit ROI (% p.a.) ROI For Senior Citizens (% p.a.)

1 Year to less than 2 Years 7.6 8.00%

2 years to not more than 3 years 7.5 7.90%

3 years up to 5 years 7.5 7.90%

Above 5 Years and up to 10 Years 7.5 7.90%

SBM Base Rate inrespect of all advances (other than certain exempted categories): 9.65 %( w.e.f 07.10.2015)

SBM Prime Lending Rate- SBMPLR-15.00%( w.e.f 04.03.2013)

Marginal Cost of Funds Rates Effective from 01.09.2016
based Lending Rate (MCLR)

Overnight MCLR e9.15%
One Month MCLR 9.25%
Three Month MCLR 9.30%
Six Month MCLR 9.40%
1 Year MCLR 9.50%
2 Year MCLR 9.65%
3 Year MCLR 9.75%

Rates of interest with effect from 01-08-2016.

For Deposits Of Less Than Rs 1.00 Crore

Period Rate Of Interest (%)
7 Days to 45 days 5.5
46 Days to 90 days 6.5
91 days to 179 days 6.5
180 days to less than 210 days 6.75
211 days to less than 1 year 7
1 year to less than 2 years 7.6
2 years to less than 3 years 7.5
3 years up to 5 years 7.5
Above 5 years and up to 10 years 7.5

Customer service: 1800 425 2244