Oriental Bank of Commerce (OBC) was begun in Lahore, Pakistan in nineteenth February of the year 1943, made an unobtrusive starting under its Founding Father, Late Rai Bahadur Lala Sohan Lal.

The Bank System Covers more than 2129 branches spread more than 22 states in India and 2414 ATMs the nation over. The bank reported 3.16% development in net benefit of Rs. 364.54 crore in June 2014 against Rs.353.38 crore in FY 2013.

OBC offers:

OBC offers FD financing costs upto 7.50% for each annum.

Enthusiasm on stores with OBC is normally aggravated quarterly.

OBC acknowledges stores beginning at Rs. 1000 for different residencies.

For senior natives (age over 60 years), OBC offers 0.50% higher financing cost well beyond rates said underneath.

Advance against OBC FD

OBC offers advance upto 90% against its own store. Note that you can't acquire a credit against FD from another bank.

Relevant rate of enthusiasm on advance against FD is commonly 0.5% to 2% over the settled store rate.

The latest rates for the Fixed Deposit by Oriental bank of Commerce is as mentioned below:

Tenure Interest Rate
30 Days 4.50%
45 Days 5.50%
60 Days 6.00%
90 Days 6.00%
120 Days 6.25%
6 Months 7.25%
9 Months 7.25%
12 Months 7.50%
18 Months 7.50%
2 Years 7.25%
3 Years 7.25%
4 Years 7.25%
5 Years 7.25%
7 Years 7.25%
10 Years 7.25%