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Home >> Deposit Schemes >> Varishtha Samman
Varishtha Samman


ORIENTAL DOUBLE DEPOSIT SCHEME W.E.F. 07.10.2016

Particulars

Features

Name of the Product

"Oriental Double Deposit" Scheme

Period of Deposit

126 Months (10 Years 6 Months) for General Public

117 Months (9 Years 9 Months) for Senior Citizens

111 Months (9 Years 3 Months) for Staff

102 Months (8 Years 6 Months) for Ex-Staff & Senior Citizens

Minimum Deposit Amount

Rs. 1,000.00

Maximum Deposit Amount

Upto Rs. 1.00 Crore. (In Multiples of Rs.1,000)

The deposit received from customers should not be split to accommodate under this value band.

Rate of Interest

 

For public – 6.75% p.a. (Annualised Yield – 9.76%)

Senior Citizens- 7.25% p.a. (Annualised Yield.– 10.46%)

Staff /Ex-Staff – 7.75% p.a. (Annualised Yield – 11.24%)

Ex-Staff & Senior Citizen – 8.25% p.a. (A.Y. – 11.85%)

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