Domestic Deposits Interest Rates
NRE Deposits Interest Rates
Bharat Bank offers an attractive rate of interest on deposit for Senior Citizens.
Details of the scheme is as under :
1. Interest rate : @ 8.50% p.a.
2. Tenure of deposit : 3 years
3. Interest payment : Monthly / Quarterly Interest (MID & QID) payment only.
4. No penalty on premature withdrawal after completion of 1 year.
5. Term deposits in the name of resident Indian senior citizens only eligible under this scheme.
(Term deposits in the name of an HUF or Karta of HUF is not eligible).
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