Peoples Bank Fixed Deposit Rates

• 1 The Annual Percentage Rate (APR) will be fixed for the initial interest rate period and may vary monthly thereafter, and will be based on the highest prime rate published in the Wall Street Journal, and shall be adjusted on the first business day of each monthly statement cycle to Prime + 0%. The maximum APR is 17%. Maximum loan to value is 80%.
• The interest rate for the 24 month IRA may be changed monthly (1 st of each month). The rate for the IRA account shall be the yield of the most recent auction of the two-year Treasury bill. The interest rate for the Christmas Club may change at club maturity. Interest will begin to accrue on the business date in which the deposit is made.

Peoples Bank Fixed Deposit Interest Rates

Peoples Bank Deposit Fee Schedule. Check Printing: Each style varies in price. Dormant Account Fee (1 Year with no deposits or withdrawals) DDA, NOW, 55Club, MMDA Accounts: $5.00 per month: Passbook Savings Dormant Account Fee: $2.00 per quarter: Garnishments and Levies: $25.00: Nonsufficient Funds (NSF) Items or ATM (NSF) Withdrawals: $30.00.

Peoples Bank Fixed Deposit Interest Rates

Peoples Bank Interest Rates Savings

• Rs. 5,000/-

  • Higher interest rates compared with other deposit products
  • Interest can be remitted or credited to any other party you nominate
  • The term deposit can be maintained individually or jointly and a nominee can be appointed
  • A cash margin soft loan can be arranged almost instantly if you need money urgently
• Rs. 5,000/-

  • You will be entitle to an additional interest rate of 0.5% over the normal fixed deposit rates.
• To be eligible for these term deposits, you must be over 55 years of age.

  • Minimum deposit amount of Rs. 100,000/= Can be placed for a period of 12 months or 24 months.
  • Interest may be collected either monthly or at maturity, according to your preference.
• To be eligible for these term deposits you must be over 60 years of age.

  • With view to providing higher interest income for Senior Citizen as proposed by the budget proposals 2015, it has been decided to award a special rate of interest for Senior Citizens, Interest Rate 15% per annum Interest Rate 14.05% monthly