STAR CD Interest Rates

(CERTIFICATES OF DEPOSIT)

Rate Sheet Effective From March 27th 2000

PERIOD CD RATE % PA ANNUAL YIELD ON 365 DAY BASIS NON ROLLOVER
360 DAYS 5.60 5.678
270 DAYS 5.50 5.576
180 DAYS 5.50 5.576
150 DAYS 5.10 5.171
120 DAYS 5.10 5.171
90 DAYS 5.10 5.171
60 DAYS 4.85 4.917
30 DAYS 4.85 4.917
21 DAYS 3.25 3.296
14 DAYS 2.95 2.991
07 DAYS 2.80 2.839

DEPOSITS ARE FDIC INSURED UPTO USD 100,000/-

NOTE :
    1. FOR CDs OF USD 25,000 AND ABOVE UPTO 250,000 ADDITIONAL 25 BASIS POINTS (0.25 PERCENTAGE)
    2. FOR CDS OF ABOVE USD 250,000 PLEASE CONTACT OUR DEALER JAY KARAJGIKAR ON 212-753-6100 EXTN.340 FOR THE RATE.
1. IN GENERAL THE ANNUAL PERCENTAGE YIELD (APY) FOR ACCOUNT DISCLOSURE IS AN ANNULAIZED RATE THAT REFLECTS THE RELATIONSHIP BETWEEN THE AMOUNT OF INTEREST THAT WOULD BE EARNED BY THE CUSTOMER FOR TERM OF THE ACCOUNT AND AMOUNT OF PRINCIPAL USED TO CALCULATE THAT INTEREST.
2. PLEASE REFER TO OUR DISCLOSURE FOR CERTIFICATE OF DEPOSITS (CDs). FOR DETAILS OF TERMS AND CONDITIONS CONCERNING CD ACCOUNT FOR MORE INFORMATION CONTACT MR. BODH NARAIN (EXTN.319)/MR.MEHER (EXTN.320) ON 212-753-6100 OR 1-800-232-2828.
3. THE ABOVE RATES ARE SUBJECT TO CHANGE WITHOUT ANY PRIOR NOTICE.

 

 
 
 
 
 

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