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Corban Finance - Rate of Interest

 

INTEREST RATE ON FIXED DEPOSIT (BELOW 50 LAKHS)
W.E.F. 20TH SEPTEMBER 2019

 

 

Tenure

 

 CORBAN FINANCE

Rate of Interest p.a. (%)

 CORBAN FINANCE

Maturity Amount on deposit of Rs.100,000

 

1  year

9.60

110,033

 

2 years

9.50

120,834

 

3 years

9.00

130,864

 

5 years

9.00

156,568

 

7 years

10.00

200,792

 

INTEREST RATE ON FIXED DEPOSIT (BELOW 2 CR.)
COMPARISON OF CORBAN FINANCE AND OTHER BANKSAS ON 14TH SEPTEMBER 2019

 

 

 

Tenure

 Rate of Interest p.a. (%)

 Maturity Amount on deposit of Rs.100,000

 
MRB
Post Office
SBI
MCAB
Corban
MRB
Post Office
SBI
MCAB
Corban

 

1 year

6.75

6.9

6.5

6.8

7.5

106,923

107,081

106,660

106,975

107,713

 

2 years

6.5

6.9

6.5

7

7.5

113,764

114,663

113,764

114,888

116,022

 

3 years

6.5

6.9

6.25

7

8

121,340

122,781

120,448

123,144

126,824

 

4 years

6.5

6.9

6.25

7

8

129,423

131,475

128,155

131,993

137,278

 

5 years

6.5

7.7

6.25

7

8.5

138,042

146,425

136,354

141,477

152,279

*0.50% extra for Senior Citizens and Corban Society Lifetime members.

*1.00% extra for Corban Society Patron members. 

 

 

INTEREST RATE ON BULK DEPOSIT (ABOVE 2 CR.)
COMPARISON OF CORBAN FINANCE AND OTHER BANKSAS ON 14TH SEPTEMBER 2019

Tenure

 

Rate of Interest p.a.

SBI

ICICI Bank

IDBI Bank

Bank of Baroda

Axis Bank

Union Bank of India

MCAB

Central Bank of India

Bank of India

Yes Bank

HDFC Bank

South Indian Bank

Punjab National Bank

IndusInd Bank

Corban Finance

1 year to less than 2 years

6.30

6.70

6.85

6.35

7.10

6.75

6.80

5.25

6.30

7.70

6.50

7.00

6.60

7.25

8.00

2 years to less than 3 years

6.00

6.60

6.80

6.35

6.85

6.40

7.00

5.10

6.00

7.50

6.60

7.20

6.50

7.25

8.00

3 years to less than 5 years

5.80

6.60

6.70

6.25

6.85

6.45

7.00

5.10

5.75

7.50

6.75

7.10

6.50

7.15

8.00

5 years and up to 10 years

5.80

6.60

6.25

6.25

6.75

6.45

7.00

5.10

5.75

7.50

6.75

7.00

6.50

7.00

8.00

 

Prepared by:
BeimopathaiHlychho
Consultant
Contact: +917005640183
Email: beimopathai@gmail.com

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