Notifications -

Deposit Schemes of The Bank

Saving Bank

Current Account

Fixed Deposit

Purnendu / Re Investment Deposit

Recurring Deposit

Daily Deposit

Rate of Interest

Sl. No	Type of Deposit	Rate of Interest
1	2	3
i)	Saving Bank Deposit	4.00
ii)	Daily deposit	2.00

Term Deposit.

Sl. No	Maturity Slabs	Existing rate of interest in Balasore Bhadrak C.C.B. Ltd.		Revised  rate of Interest.
		At CCB  level.	At PACS level	At CCB  level.	At PACS level.
1	2	3	4
1	1 to 14 days	-	-	-	-
2	15 to 45 days	4.75	4.50	4.75	4.50
3	46 to 90 days	5.50	5.25	5.50	5.25
4	91 to 179 days	6.25	6.00	6.50	6.25
5	180 days to less than 1 year.	7.75	7.25	8.00	7.75
6	1 year to less than 2 years.	8.25	8.25	9.00	8.75
7	2 years to less than 3 years.	8.75	8.50	8.80	8.50
8	3  years to less than 5 years.	8.30	8.00	8.75	8.50
9	5 years and above.	8.75	8.50	8.75	8.50
10	Additional interest to Senior Citizen over & above the rates on all slabs.3 years to above & less than 5 years	0.50%	0.50%	0.50%	0.50%
11	Additional interest on single deposit of Rs.50.00 lakhs and above for the period not less than 1 (one) year shall be eligible for additional interest @ 0.25%.
12	Special Fixed Deposit for a period of 551 days at the rate of 9.25% and for 999 days at the rate of 9.50% per annum at CCB level. Additional interest @ 0.50% P.A in case of Senior citizen and 1.00% p.a. in case of Staff/ Ex-Staff of the Bank over and above the existing rate subject to obtaining declaration from the concerned staff to the effect that the money deposited with the Bank is his own earnings/ money.

Note : In case of premature withdrawal of deposits, 1% would be deducted out of the rate of interest applicable depending upon the period of deposit parked with the Bank. And this revised rate will be applicable only in case of deposits accepted/ renewed from 21.02.2011. All concerned are advised to display the revised rate of interest at the conspicuous place so as to attract the attention of customers of the Bank.