BANKING

DEPOSITE SCHEMES AND SALIENT FEAURES

RATE OF INTEREST ON DEPOSITS W.E.F. 16-04-2007
(subject to change as per RBI instructions)

SAVING BANK

1.	Saving Bank Deposit	3.5% p.a.
2.	Saving Bank Provident Fund Scheme for institutions w.e.f. March 1, 2001 (Exempted under PF Act)	8 % p.a

TERM DEPOSITS

Sr.	Term	Rate of Interest w.e.f. 16.04.2007
1.	15 days to 45 days	5.25% p.a
2.	46 days to 90 days	5.75% p.a.
3.	91 days to 179 days	6.50% p.a.
4.	6 months but less than 1 year	7.50% p.a.
5.	1 year but less than 2 years	8.00% p.a.
6.	2 years but less than 3 years	8.25% p.a.
7.	3 years and above	8.50% p.a.
8.	Call deposit for 15 days notice	5.25% p.a.
9.	Call deposit for 46 days notice	5.75% p.a.

DEPOSIT SCHEMES

1. Recurring Deposits
2. Re-investment Term Deposit(RITD)
3. Money Multiple Certificate (MMC)
4. Fixed Deposit
5. RD cum PF (for Institutions only)

SALIENT FEATURES

Ø Quarterly/Monthly payment of interest on term deposits.
Ø Nomination facility on all types of deposits.
Ø Deposits upto Rs. 1.00 lac are insured.

Ø Tie up with ICICI Prudential Life Insurance Co. and ICICI Lombart General

Insurance Co. on referral basis.
Ø Free remittance facility to Boards & Corporations and Cooperative Insitutions.

Ø 0.50% additional rate of interest for senior citizens on term deposit.
Ø Quarterly compounding interest under RITD Schemes.
Ø Locker facility.

BANK BRANCHES

Chandigarh

Branch	Phone No.
Sector 17-B	2721026
Sector 15-B	2771315
Sector 19-D	2773077
Hry. Civil Sectt.	2741604
Manimajra	2739319
Sector 20-D	2706557
Sector 34	2660672
Sector 44	2609540
Ext. Counter, New Sectt.	2713908
Sector 28	2651634

Panchkula

Branch	Phone No.
Sector 9	2560178
Ext. Counter, HSAMB Complex	2563934
Sector 4	2566406
Sector 11	2566365
Sector 15	2566405
Staff Training College, Sector 5	2573871