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Certificate of
Deposits
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RATE SHEET EFFECTIVE FROM
17 January, 2011
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| PERIOD |
For Below USD 50000 |
For USD 50000 and above |
| | CD Intt Rate % p.a. on 360 days basis | Annual % yield on 365 days basis non Rollover | CD Intt Rate % p.a. on 360 days basis | Annual % yield on 365 days basis non Rollover |
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30 days
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0.70
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0.71
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0.70
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0.71
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90 days
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0.80
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0.81
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0.80
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0.81
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180 days
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1.35
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1.37
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1.35
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1.37
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360 days
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1.65
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1.68
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1.65
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1.68
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( DEPOSITS
ARE FDIC INSURED UPTO USD 250,000.00)
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1.IN GENERAL THE ANNUAL PERCENTAGE YIELD (APY) FOR ACCOUNT DISCLOSURE IS
ANNUALISED RATE THAT REFLECTS THE RELATIONSHIP BETWEEN THE AMOUNT OF
INTEREST THAT WOULD BE EARNED BY THE CUSTOMER FOR TERM OF THE ACCOUNT
2. PLEASE REFER TO OUR DISCLOSURE FOR CERTIFICATE OF DEPOSITS (CD) FOR
DETAILS OF TERMS AND CONDITIONS CONCERNING CD ACCOUNT. FOR MORE
INFORMATION CONTACT MR. AJAYA MOHANTY (646-720-0398) OR MR. PARAMJEET
3. THE ABOVE RATES ARE SUBJECT TO CHANGE WITHOUT ANY PRIOR NOTICE. |
NOTE :
Please contact our chief dealer Mr.PARITOSH KUMAR over phone No. 646-720-0394
or Mr. B. JAYAPRAKASH over phone No. 646-720-0403 for :
i) Interest rate for CDs of One Year maturity for amounts of USD 100000 and above
ii) Interest rate for CDs of 7 to 29 days maturity for amounts of USD 250000 and above |
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