Hi I would like to have information about the fixed deposit schemes offered by the Oriental Bank of Commerce as well as the rate of Interest?

Oriental Bank of Commerce offers FDs to clients at aggressive financing costs. These rates can be changed at the banks prudence with changes in business sector rate cycles. This can make it hard for contributors to find out the most recent rates on offer from the bank and to pick the most advantageous plan. OBC gives clients a chance to store investment funds and additional assets for differing residencies which can be for short terms to medium and long terms relying upon individual prerequisites.

Oriental Bank of Commerce Short Term Fixed Deposit Rates

Oriental Bank of Commerce offers its investors with appealing rates of enthusiasm on fleeting stores, permitting them with the advantage of exceptional yields while looking after liquidity.

Oriental Bank of Commerce offers stores of 7 days - 14 days at the rate of enthusiasm of 4.00% p.a. Stores of 15 days-30 days are given at the financing cost of 4.50% p.a. The rate of interest is supported from a unimportant 4.50% p.a. to 6.0% p.a. for residency spans of 31 - 45 days. Residencies of 46-90 days procure enthusiasm at the rate of 6.75% p.a. Besides, 8.0% p.a. is the rate of interest imposed to residencies of 91 days - 179 days. The rate of enthusiasm for residencies between 180 - 269 days is 8.00% p.a. which is same as the financing cost for residencies of 91 - 179 days.

Oriental Bank of Commerce Medium and Long Term Fixed Deposit Rates

Oriental Bank of Commerce offers high loan fees on longer residency spans. For medium term residencies of 270 days - 1 year, a rate of enthusiasm of 8.00% p.a. is advertised. While the loan cost is supported by 0.60% p.a. for residencies of 1 - 2 years, along these lines making it 8.60% p.a. A rate of enthusiasm of 8.25% p.a. is offered to residency spans of 2 - 3 years. Stores of 3 - 5 years are given at the same rate of interest i.e. 8.25% p.a.

Oriental Bank of Commerce Senior Citizens Fixed Deposit Rates

Oriental Bank of Commerce amplifies an extra 0.50% on the standard rack rates to its clients who are over the age of 60 years and along these lines go under the classification of senior subjects.

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