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TERM DEPOSIT SCHEME | |
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| Table I: Cumulative Interest Option Period (Mths.) | Interest Rate (%) p.a. | Amount on Maturity (Rs.) | Yield (%) p.a. | 12-23 | 10.00% | 11,038 | 10.38% | 24-35 | 10.00% | 12,184 | 10.92% | 36-47 | 10.00% | 13,449 | 11.50% | 48-59 | 10.00% | 14,845 | 12.11% | 60 | 10.00% | 16,386 | 12.77% | Table II : Non-Cumulative Interest Option- Interest Payable Half Yearly Period (Mths.) | Interest Rate (%) p.a. | Amount Payable Half Yearly for Deposit of Rs. 10,000 | Yield (%) p.a. | 12-23 | 10.00% | 506 | 10.13% | 24-35 | 10.00% | 506 | 10.13% | 36-47 | 10.00% | 506 | 10.13% | 48-59 | 10.00% | 506 | 10.13% | 60 | 10.00% | 506 | 10.13% | | |
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FINANCIAL HIGHLIGHTS |
| Rs. Crores. | 2000-01 | 2001-02 | 2002-03 | 2003-04 | 2004-05 | 2005-06 | Paid up Capital | 549.99 | 649.99 | 649.99 | 649.99 | 849.99 | 949.99 | Reserves | 1,066.38 | 1,202.64 | 1,317.09 | 1,493.30 | 1,662.50 | 1,770.31 | Net Profit | 154.14 | 171.16 | 206.6 | 229.23 | 257.91 | 270.74 | Dividend | 38 | 42 | 45 | 47 | 65.44 | 86.75 | | |
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NOTE |
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| • Interest compounded on quarterly basis. • Minimum Deposit of Rs.10,000/- and in multiples of Rs.1,000/- thereafter. • Interest is subject to deduction of tax at source, wherever applicable. • The above rates are applicable to Resident Individuals, NRIs, HUFs and Superannuation Funds. • Senior citizens will be eligible for additional interest at 0.25% p.a. on deposits placed for 12-35 months and 0.50% p.a. on deposits placed for 36 months and above. |
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Cheques/Demand Drafts to be drawn favouring 'Exim Bank Term Deposit Account'. --~--~---------~--~----~------------~-------~--~----~
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