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Interest Rates on Deposit Schemes


Registration:- Revision in rate of interest on Fixed Deposits

Date:-09.02.2024.

Please be informed that interest rates on deposits are revised w.e.f. 12.02.2024. The revised rates of interest:-

ROI FOR PUBLIC DEPOSITS:-

Fixed Deposit Scheme (ALL)
GENERAL PUBLIC SENIOR CITIZEN CBHFL STAFF
12-36 months 7.50% 7.75% 8.00%
39-120 months 7.60% 7.85% 8.10%


ROI FOR (Above 1 crore and less than 5 crore ):-

Fixed Deposit Scheme(All) non public
12-36 months 39-120 Months
7.65% 7.75%


ROI FOR (5 crore and above ):-

ICD-Fixed Deposit Scheme(All) non public
12-120 months 8.00% *


COMMISSION RATE ON PUBLIC DEPOSIT:-

Brokerage payable on fresh as well as on renewed public deposit/ICD deposits mobilized amounting to Rs. 1 Lacs and above , but below one crore, If Sourced via broker are given below:-

Brokerage payable for mobilization of deposits, if sourced through brokers
Deposit mobilized for the period Commission Payable
Upto 18 months 0.35%
Above 21 months to 120 months 0.50%

Brokerage payable on fresh as well as on renewed amounting to Rs. 1 crore to less than 5 Crore, If Sourced via broker are given below:-

Brokerage payable for mobilization of deposits, if sourced through brokers
Deposit mobilized for the period Commission Payable
Upto 18 months 0.35%
Above 21 months to 120 months 0.50%
Additional Slab 0.05% additional brokerage will be payable if fresh/renewal FD amount exceeds Rs.5 Crore in a month mobilized by broker

Bokerage payable on fresh as well as on renewed amounting to Rs. 5 crore and above, If Sourced via broker are given below:-

Deposit mobilized for the period Commission Payable
12 - 120 months 0.65%

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