Interest Rates (Deposits)

ACCOUNT TYPE

INTEREST RATE

INTEREST ACCRUAL

INTEREST PAYABLE

MINIMUM BALANCE

1.     Saving Deposits:

     ·      Ace Limited Period Special A/c

·      Ace Saving Deposit

  5.00%   p.a.

Daily

Quarterly

0

·      Ace High Yield Saving Deposit

  7.00%   p.a.

Daily

Quarterly

Rs. 1,00,000

·      Ace Pension Saving Deposit

3 schemes available

·      Ace Rhino Deposit (Adults)

6.50% p.a.

Daily

Quarterly

Rs. 1,000

·      Ace Rhino Deposit (Children)

6.50% p.a.

Daily

Quarterly

Rs. 100

·      Ace Nari Bachat Deposit

6.25% p.a.

Daily

Quarterly

Rs. 500

2.     Ace Share Trading Deposit

5.00% p.a.

Daily

Quarterly

0

3.     Current Account

0

NA

NA

0

4.     Call Deposits (Companies)

4.50% p.a. onwards

Daily

Quarterly

Mutual understanding

5.     Normal Fixed Deposits:

·      6 months

7.25% p.a.

Daily

Quarterly

Rs. 10,000

·      1 year

8.50% p.a.

Daily

Quarterly

Rs. 10,000

·      2 years

8.75% p.a.

Daily

Quarterly

Rs. 10,000

·      3 years

9.00 % p.a.

Daily

Quarterly

Rs. 10,000

·      More than 5 years

Negotiable

Daily

Quarterly

Rs. 10,000

6.     Special Fixed Deposits:

·      1 year

10.50% p.a.

Daily

Quarterly

Conditions apply

·      Up to 2 years

10.75% p.a.

Daily

Quarterly

·      Up to 3 years

11.00% p.a.

Daily

Quarterly

·      Up to 4 years

11.25% p.a.

Daily

Quarterly

·      Up to 5 years

11.50% p.a.

Daily

Quarterly

·      More than 5 years

Negotiable

Daily

Quarterly

7.     Ace Rhino Fixed Deposit Privileged:

·      1 yr

11.50% p.a.

Daily

Quarterly

Conditions apply

·      6 Months

10.00% p.a.

Daily

Quarterly

Conditions apply

·      3 Months

8.50% p.a.

Daily

Quarterly

Conditions apply