INTEREST RATES ON DEPOSITS
(w.e.f. 10/08/2017 )
Sr No.Period of Deposit/ TenorsRate of Interest (% p.a.)
Less than 1 cr1 cr to less than 5 cr5 cr to less than 25 cr25 cr & above
1 7 to 14 days 04.75 04.50 04.50 04.50
2 15 to 30 days 04.75 04.50 04.50 04.50
3 31 to 45 days 04.75 04.50 04.50 04.50
4 46 to 60 days 04.75 04.50 04.50 04.50
5 61 to 90 days 05.50 05.00 05.00 05.00
6 91 to 120 days 05.50 05.00 05.00 05.00
7 121 to 179 days 05.50 05.00 05.00 05.00
8 180 to 269 days 06.15 05.00 05.00 05.00
9 270 to less than 1 year 06.15 05.00 05.00 05.00
10 1 year exact 06.50 05.50 05.30 05.30
11 Above 1 year to 2 years 06.50 05.50 05.25 05.25
12 Above 2 to less than 5 yrs 06.60 05.50 05.25 05.25
13 Exact 5 yrs 06.50 05.50 05.25 05.25
14 Above 5 to 10 yrs 06.50 05.50 05.25 05.25
*Acceptance of deposits of over rupeelogo 5 Crores is at the discretion of the Bank.
Syndicate Bank
  • bullet Additional interest of 0.50% over the card rate is payable to Resident Indian Senior Citizens on Domestic Term Deposits of less than rupeelogo 5 Crore and the maturity tenor of one year and above only. (Not applicable to NRO deposits).
  • bullet Employees / eligible Ex-employees are eligible for an additional interest of 1%over the card rate Label irrespective of the amount and tenor of deposit (Not applicable on NRO deposits).
  • bullet SyndSmartGen VCC Product available for 366 days has been extended vide Circular No. 148/2015/BC/P&D/055 dated 13.4.2015.
  • bullet SyndSmartShe VCC Product available for 366 days. Scheme is extended further as per Circular No. 58/2015/BC/P&D/26 dated 9.2.2015.
  • Eligible ex-employees, who are Senior Citizens and eligible for an additional interest of 1% payable to employees / eligible ex-employees are also eligible for an additional interest of 0.50% payable to Resident Indian Senior Citizens on domestic term deposits of less than rupeelogo 5 Crore & maturity tenor of one year and above only.
  • bullet The revised rate of interest shall apply to fresh as well as renewals of existing Domestic Deposits. 10/08/2017

Kindly note that different slabs in respect of term deposits of rupeelogo 1 Crore and above have been re-aligned/modified.

Note :
  1. The above rates are subject to revision from time to time.
  2. Customers may contact the nearest branch of Syndicate Bank for details.
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