IBU Term Deposit Account

Maturity Slab	USD			Euro
	Min 0.01 Mn to 0.50 Mn	Above 0.50 Mn No Max Limit	Non-callable (Min. USD 2 Mn)	Min. 0.01 Mn
7 Days < 15 Days	3.60	3.70	4.00	2.80
15 Days < 1 Month	3.60	3.70	4.00	3.00
1 Month < 2 Month	4.40	4.50	4.60	3.25
2 Month < 3 Month	4.50	4.60	4.65	3.50
3 Month < 6 Month	4.60	4.70	4.80	3.10
6 Months < 9 Months	4.70	4.80	4.95	3.05
9 Month < 12 Month	4.80	4.90	5.10	3.00
12 Month < 18 Month	4.70	4.80	4.85	2.90
18 Month < 2 Years	4.40	4.50	4.55	2.50
2 Years < 3 Years	3.00	3.10	3.15	2.05
3 Years < 4 Years	2.50	3.00	3.10	1.50
4 Years < 5 Years	2.00	2.50	2.60	1.00
All rates are expressed in % p.a.

Terms and Conditions:

• Deposit Rates are subject to change as per Bank’s Discretion.
• The time frame for processing the term deposit would be T+1 with value dating, subject to completion of KYC & AML guideline of the Bank.
• Minimum 3 working days’ notice in advance required for premature closure.
• The request for placing deposit and premature closure of deposit to be provided between 10 am to 5 pm IST, any request placed after the mentioned time would be taken for processing on the next working day.
• Premature penalty at 1% p.a. for Callable deposits.

Please contact the branch for more details