ORIENTAL BANK OF COMMERCE TERM FIXED DEPOSIT INTEREST RATES AS ON 04.02.2011

7 days to 14 days – 3.00%
15 days to 30 days – 4.50%
31 days to 45 days – 5.00%
46 days to 90 days – 5.75%
91days to 179 days – 6.50%
180 days to 269 days – 7.25%
270 days to less than 1 year – 7.50%
1 Year to 499 Days – 8.50%
500 Days – 9.25%
501 Days to less than 2 year – 8.50%
2 Years to 999 Days – 8.50%
1000 Days – 8.75%
1001 Days to less than 3 year – 8.50%
3 Years to less than 5 Years – 8.50%
5 Years to 10 years – 8.50%

AN ADDITIONAL 0.50 % SHALL BE GIVEN TO SENIOR CITIZENS

ORIENTAL 1000 TERM DEPOSIT SCHEME

A Fixed deposit scheme that has a good rate of return. Deposit your money for 1000 days and see yor hard earned money grow. ORIENTAL 1000 TERM DEPOSIT SCHEME is created for people who believe in safe returs on their investments and can incorporated in portfolio as well.

Important attributes –

- The deposit tenure for ORIENTAL 1000 TERM DEPOSIT SCHEME is of 1000 Days.
- ORIENTAL 1000 TERM DEPOSIT SCHEME is valid for investments under Rs.1.00 Crore (The deposit received from customers can not be split under any circumstances to accommodate under this value band.)
- Nomination facility is available.
- Minimum deposit of Rs. 10,000.
- Rate of Interest for general public is 7.50% p.a. and for senior citizens is 8.00% p.a.
- There is no penalty levied on premature payment under Rs. 5 lakh.
- Tax liability under the IT department rules and regulations.

NEFT RTGS with OBC Oriental Bank Of Commerce

Neft Charges via Net Banking or through Branch
Up to Rs. 1 Lakh- Not exceeding Rs. 5 per transaction.
Rs.1 lakh and above- not exceeding Rs.25 per transaction.

RTGS Charges through branch or Net Banking.
Below Rs.1 Lakh : Not Allowed
Rs.1 Lakh to 5 lakh- not exceeding Rs. 25 per transaction.
Rs. 5 lakh and above- not exceeding Rs.50 per transaction.

For Neft Complaints email to neft@obc.co.in