Revision of installment w.e.f. 10.11.2021
A new Recurring Deposit product “Jab Chaho Lakhapati Bano”. The monthly installment will be as follows and staff, senior citizens will get additional benefits as per the existing norms.TDS is applicable on interest earned.
CENT LAKHPATI RDs
PERIOD IN YEARS |
RATE OF INTEREST(%) Revised Rate (10.08.2022) |
MONTHLY INSTALLMENT(Rs.) Revised (10.08.2022) |
MATURITY VALUE (Rs.) |
1 |
5.35 |
8100* |
Rs. 1 LAKH &PLUS |
2 |
5.40 |
3940* |
|
3 |
5.40 |
2560* |
|
4 |
5.40 |
1870* |
|
5 |
5.60 |
1450* |
|
6 |
5.60 |
1170* |
|
7 |
5.60 |
980* |
|
8 |
5.60 |
830* |
|
9 |
5.60 |
720* |
|
10 |
5.60 |
630* |