| PERIOD | For Below USD 50,000 |
For USD 50,000 and above |
||
| |
on 360 days basis |
Annual % yield on 365 days basis non Rollover |
on 360 days basis |
Annual % yield on 365 days basis non Rollover |
| 30
days |
0.50 |
0.51 |
0.50 |
0.51 |
90
days |
0.60 |
0.61 | 0.60 |
0.61 |
| 180
days |
1.00 |
1.01 |
1.00 |
1.01 |
| 360
days |
1.35 |
1.37 |
1.35 |
1.37 |
Please contact our chief dealer Mr.S.B.SINGH over phone No. 212-753-6100 Extn. 394 or Mr.PARITOSH KUMAR over phone No. 212-753-6100 Extn. 403 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
NOTE :
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 AND AMOUNT OF PRINCIPAL USED TO CALCULATE THAT INTEREST.
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. D.S.SHEKHAWAT (EXT 398) OR MR. PARAMJEET SINGH (EXT 404) ON 212-753-6100 OR 1-800-232-2828.
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 AND AMOUNT OF PRINCIPAL USED TO CALCULATE THAT INTEREST.
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. D.S.SHEKHAWAT (EXT 398) OR MR. PARAMJEET SINGH (EXT 404) 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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