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  #1  
June 10th, 2016, 11:50 AM
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Nainital Bank FD Interest

Can you provide me the FD or Fixed Deposit Interest Rates as offered by Nainital Bank Ltd as I am planning to open a FD or Fixed Deposit Account in it?
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  #2  
June 10th, 2016, 12:53 PM
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Join Date: Mar 2012
Re: Nainital Bank FD Interest

The mission of Nainital Bank Ltd is to emerge as a customer centric National Bank & become the most preferred bank for its product, services, technology, efficiency & financials.

Nainital Bank Short-Term Fixed Deposit Interest Rates

It offers appealing rates of interest for its short term Fixed Deposit Accounts.

These schemes allow the customer to maintain a healthy amount of liquidity.

It offers the freedom of convertibility along with the sustenance of good returns. This is made possible with a beneficial interest rate.

It offers Fixed Deposit accounts of 30 days tenures with a worthwhile interest rate of 4.5% p.a. Fixed Deposits with tenures of 60 days are awarded with an advantageous interest rate of 6.5% p.a. making it the most remunerative duration of the short term category.

Tenures of 90 days and 120 days are offered at an interest rate of 7.1% p.a.

Nainital Bank Medium and Long Term Fixed Deposit Interest Rates

Medium term fixed deposit accounts with tenures of 6 months and 9 months are extended with an interest rate of 7.5% p.a.

8% rate of interest is granted for fixed deposit accounts with tenures of 1 year and 1 year 6 months.

1 year duration Fixed Deposit accounts with a whopping 8% p.a. interest rate are considered profitable in the medium term Fixed Deposit category.

Whereas, in the long term Fixed Deposit account category, tenures of 2 years, 3 years and 4 years receive interest at the rate of 7.75% p.a.

And tenures of 5 years are furnished with an interest rate of 7.5% p.a. In this category, 3 years duration accounts are seemingly high gaining.

One can also invest in Nainital Bank Tax Saver Fixed Deposit Scheme with an interest rate of 7.75% p.a.

Nainital Bank Senior Citizen Fixed Deposit Interest Rates

Senior citizen is offered an additional 0.50% p.a. over the existing rack rates across all tenures with it.


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