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COMPARE : FIXED DEPOSITS
Jammu & Kashmir Bank Fixed Deposits
Jammu & Kashmir bank fixed deposit account is suitable and secure for short term investors. Bank gives interest on quarterly basis but is payable at maturity of the deposit. Account can be opened with Rs 100/-. Bank gives loan against fixed deposit if the up to 90 percent of the amount is deposited with the bank.
7 days to 30 days 31 days to 90 days
91 days to 270 days 271 days to 1 year
Above 1 year to 18 months Above 18 months to 2 years
Above 2 year to 5 years Above Five years
7 days to 30 days
Effective From: Aug 6, 2008  
Tenure 7 - 30 Days
Amount 1 - 10000000 Rs
Interest Rate 4.50 / annually

31 days to 90 days
Effective From: Aug 6, 2008  
Tenure 31 - 90 Days
Amount 1 - 10000000 Rs
Interest Rate 6.00 / annually

91 days to 270 days
Effective From: Aug 6, 2008  
Tenure 91 - 270 Days
Amount 1 - 10000000 Rs
Interest Rate 8.00 / annually

271 days to 1 year
Effective From: Aug 6, 2008  
Tenure 271 - 365 Days
Amount 1 - 100000000 Rs
Interest Rate 9.50 / annually

Above 1 year to 18 months
Effective From: Aug 6, 2008  
Tenure 365 - 540 Days
Amount 1 - 10000000 Rs
Interest Rate 9.85 / annually

Above 18 months to 2 years
Effective From: Aug 6, 2008  
Tenure 540 - 730 Days
Amount 1 - 10000000 Rs
Interest Rate 9.75 / annually

Above 2 year to 5 years
Effective From: Aug 6, 2008  
Tenure 730 - 1825 Days
Amount 1 - 10000000 Rs
Interest Rate 9.00 / annually

Above Five years
Effective From: Aug 6, 2008  
Tenure 1825 - 1825 Days
Amount 1 - 10000000 Rs
Interest Rate 8.50 / annually

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