Transcription of Interest Rates for Deposits - janabank.com
1 Interest Rates for Fixed Deposits Interest Rates for Fixed Deposits Period Regular FD Interest Rate ( ) Senior Citizen FD Interest Rate ( ) Effective Date- 22/03/2021 Effective Date- 22/03/2021 7-14 15-60 61-90 91-180 181-364 1 Year[365 Days] >1 Year - 2 >2 Years - <3 > 3 Year- < 5 5 Years[1825 Days] > 5 Years - 10 Terms and Conditions: Interest is computed based on the actual number of days in a year 365 days for a non- leapyear and 366 days for a leap year. The tenor of Deposit is calculated in number of above card Rates are applicable to Deposits less than INR Interest Rates on Deposits of INR 2 Crore & above, please contact the nearest branch of Jana SmallFinance case of premature withdrawal of the deposit, Interest will not be paid at the originally contractedrate.
2 In such cases Interest will be paid at the applicable rate of Interest for the duration which thedeposit is maintained with us minus premature withdrawal penal rate as Deposit less than INR 200 Lakhs Deposits greater than or equal to INR 200 Lakhs 1% all Non-Cumulative Fixed Deposits , Interest is calculated on Simple Interest basis. Interest payoutsare as per financial year: Monthly Interest payouts will be on 1st of every month, Quarterly Interestpayouts will be on the 1st of every quarter, Half yearly payouts will be on 1st October & 1st April andAnnual Interest payouts will be on 1st April irrespective of the date of case of premature withdrawal of fixed deposit: The Interest rate applicable for premature closurewill be lower of the rate for the original /contracted tenure for which the deposit has been bookedOR the rate as prevailing on the date of deposit for the tenure for which the of deposit has been inforce with the Years Interest Rates for Fixed Deposits Interest Rates for FD Plus (For Fixed Deposits with No Premature Withdrawal facility) Rates are effective from 22/03/2021 (subject to change from time to time) Period Interest Rate ( ) 7-14 15-60 61-90 91-180 181-364 1 Year[365 Days] >1 Year - 2 > 2 Years - < 3 > 3 Years - < 5 5 Years[1825 Days] > 5 Years - 10 Terms and Conditions.
3 Above rate is applicable for Fixed Deposits above INR 15 Lakhs Interest is computed based on the actual number of days in a year 365 days for a non- leapyear and 366 days for a leap year. The tenor of Deposit is calculated in number of the FD with no Premature withdrawal / FD Plus Renewal facility is not withdrawal of the deposit is not allowed before the expiry of the term, except incase of death of the account holder or on order from statutory and/or regulatory all Non-Cumulative Fixed Deposits , Interest is calculated on Simple Interest basis. Interest payoutsare as per financial year: Monthly Interest payouts will be on 1st of every month, Quarterly Interestpayouts will be on the 1st of every quarter, Half yearly payouts will be on 1st October & 1st April andAnnual Interest payouts will be on 1st April irrespective of the date of case of premature withdrawal of fixed deposit, the Interest rate applicable for premature closurewill be lower of the rate for the original /contracted tenure for which the deposit has been bookedOR the rate as prevailing on the date of deposit for the tenure for which the of deposit has been inforce with the Years
