| Tenure |
Interest rate (%) compounded quarterly |
What Rs. 10,000 will grow to |
|
Tenure: 1 year |
||
| Canara Bank | 9.50 | 10,984 |
| Corporation Bank | 9.50 | 10,984 |
| Indian Bank | 9.50 | 10,984 |
| Kotak Mahindra Bank | 9.50 | 10,984 |
| UCO Bank | 9.50 | 10,984 |
| Tenure: 2 years | ||
| City Union Bank | 10.00 | 12,184 |
| Karur Vysya Bank | 10.00 | 12,184 |
| Axis Bank | 9.75 | 12,125 |
| Development Credit Bank | 9.75 | 12,125 |
| IDBI Bank | 9.75 | 12,125 |
| Tenure: 3 years | ||
| City Union Bank | 10.00 | 13,449 |
| Axis Bank | 9.75 | 13,351 |
| IDBI Bank | 9.75 | 13,351 |
| ING Vysya Bank | 9.75 | 13,351 |
| Karur Vysya Bank | 9.75 | 13,351 |
| Tenure: 5 years | ||
| Development Credit Bank | 9.80 | 16,227 |
| Axis Bank | 9.75 | 16,187 |
| City Union Bank | 9.75 | 16,187 |
| IDBI Bank | 9.75 | 16,187 |
| Tamilnad Mercantile Bank | 9.75 | 16,187 |
Source: The Economic Times Wealth