Tuesday, 15 October 2013

Top five senior citizen deposit

Tenure :1 year

Interest rate(%) rate(%)  compounded qtrly
What  Rs.10,000 will grow to
Karur  Vysya  Bank
10.00
11,038
Andhra Bank
9.75
11,011
Axis Bank
9.50
10,984
Kotak Mahindra Bank
9.50
10,984
Yes Bank
9.50
10,984
Tenure :2 years



Tamilnad Mercantile Bank
10.25
12,244
Andhra Bank
10.00
12,184
Karur  Vysya  Bank
10.00
12,184
Lakshmi Vilash Bank
10.00
12,184
Axis Bank
9.75
12,125
Tenure :3 years



Development Credit Bank
10.25
13,548
Tamilnad Mercantile Bank
10.25
13,548
Andhra Bank
10.00
13,449
Karnataka Bank
9.75
13,351
Karur  Vysya  Bank
9.75
13,351
Tenure :5 years



Development Credit Bank
10.25
16,587
Tamilnad Mercantile Bank
10.00
16,386
Karur  Vysya  Bank
9.75
16,187
Lakshmi Vilash Bank
9.75
16,187
Bank of Maharashtra
9.65
16,109

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