Senior citizens + staff rate of interest for term deposits

[M A Prasad]

Do any one have the consolidated position of payment of interest both for senior citizes (.5% above normal rates) and for staff (1% above normal rates) together for ex-employess who are senior citizens.  I understand canara bank does not pay, but some banks are paying. 

 

Regards,

--
M A Prasad
Phones
Res: +91 80 2845 2019
Mob: +91 92434 89692

[ashwani dabra]

state bank of india is paying 1.5% above normal rates for senior citizens staff.

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[Padmanabhan R]

yes Bank of baroda pays

On Sat, Nov 19, 2011 at 4:41 PM, M A Prasad <pras...@gmail.com> wrote:

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[vijaya laxmi]

Yes, Indian Overseas bank pays 1% more interest for ex-staff + 0.75%
for ex-staff senior citizens.

Regards,
Vijayalaxmi B

On Sat, Nov 19, 2011 at 4:41 PM, M A Prasad <pras...@gmail.com> wrote:

[lakshmanan shankarnaraynan]

Indian Bank pays such increased rate of interest to senior citizens who are retired staff.

 

S.Lakshmanan

[perumal maruthu]

Dear sir,

Pl visit the website www.canarabank.com and headers in the right corner 'Interest Rates'. Click it.and click Int on deposits in RBI format; you will find the table. Senior-citizens get 0.5% more than the public for all maturities.( For staff and ex-staff 1%higher. For senior-citizen-exstaff it is 1.5% more for deposits of 5years and above.Pl contact your Br for any further clarification).

M.Perumal

CB

Chennai

From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com

Sent: Saturday, 19 November 2011 4:41 PM

Subject: bankpensioner Senior citizens + staff rate of interest for term deposits

[Raghavan S]

Bank of India is paying 0.5% plus 1% (staff rate) for senior citizen retired employees which makes it to 1.5% in total.

S.Raghavan

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From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Saturday, 19 November 2011 4:41 PM
Subject: bankpensioner Senior citizens + staff rate of interest for term deposits

[Heramba Dongre]

Sir,  Only one benefit is available  either  regular interest plus senior

         citizen benefit  or  rregular interest and prefferential  1% interest

          as staff  or ex staff   No  benefit of double benefit

 

 Regards

 

 Sushma Dongre (  I am not Present Bank Employee or Retired employee

                               Only onloker)

From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Saturday, 19 November 2011 4:41 PM
Subject: bankpensioner Senior citizens + staff rate of interest for term deposits

[H.SUBRAMANIAN]

Dear Sir,

All the retired staff members, in their own interest are requested to check their deposits accounts as to whether correct ROI is paid as applicable for senior citizens and staff members.
Our bank pays ROI as per Senior Citizen + staff rate.

WARM REGARDS
H.SUBRAMANIAN
RETIREE - BANK OF MAHARASHTRA

On Sat, Nov 19, 2011 at 4:41 PM, M A Prasad <pras...@gmail.com> wrote:

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[Raghavan K]

Yes.In the bank where i was employed( Indian bank ), they pay staff rate of 1% and senior citizen rate of extra .75% over and above the general rate for retired staff who are above 60 years.

 

K Raghavan,"Deepam",11 Millennium Nagar,Koduvathara Road,Padivattom,PO Edapally,Cochin-682024.Phone 0484 2345367,Mobile 9446801259.

From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com

Sent: Saturday, 19 November 2011, 16:41

Subject: bankpensioner Senior citizens + staff rate of interest for term deposits

[vaidyanathan raghavan]

Indian Bank pays0.75% extra for senior citizen staff + 1% extra rate for Staff including all retired staff both under VRS and normal retirement,thus making it 1.75% extra.

 

V Raghavam (IB VRS 2001)

From: Raghavan S <raghav...@yahoo.com>
To: "bankpe...@googlegroups.com" <bankpe...@googlegroups.com>
Sent: Sunday, 20 November 2011, 8:14
Subject: Re: bankpensioner Senior citizens + staff rate of interest for term deposits

Bank of India is paying 0.5% plus 1% (staff rate) for senior citizen retired employees which makes it to 1.5% in total.

S.Raghavan

From: M A Prasad <pras...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Saturday, 19 November 2011 4:41 PM
Subject: bankpensioner Senior citizens + staff rate of interest for term deposits

Do any one have the consolidated position of payment of interest both for senior citizes (.5% above normal rates) and for staff (1% above normal rates) together for ex-employess who are senior citizens.  I understand canara bank does not pay, but some banks are paying. 

 

Regards,

--
M A Prasad
Phones
Res: +91 80 2845 2019
Mob: +91 92434 89692

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[kiritkbhatt bhatt]

 

 

 

 Indian Overseas Bank pays 11% for staff who is  senor citizen.

 

 

 

 

 

 

 

KIRIT S BHATT

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From: Padmanabhan R <padm...@gmail.com>
To: bankpe...@googlegroups.com
Sent: Saturday, 19 November 2011 6:36 PM

Subject: Re: bankpensioner Senior citizens + staff rate of interest for term deposits

[Chinnagourishankar]

United bank of India is also paying .

Gourishankar

Sent from my iPad

[M A Prasad]

I checked the site as well as branch- I was informed that only one speical rate would be made applicable either sr citizen or staff and hence I have to opt for staff which is certainly more - but all other banks are paying and this is something a wonder for me.

[Shankar Nagar]

Bank of india is paying up to1.8%(for deposit more than 5years)to ex staff/senior citz.over and above normal rate of interest.

[J.P. Sethiya]

Canara bank do pay interest to retired senior citizen staff as
applicable to senior citizen plus 1% extra for staff.
-JP Sethiya.

[Kuldip Singh Katyal]

yes punjab & sind bank is paying both the benefits i.e. 1+0.5 % extra


K S Katyal.

On Sat, Nov 19, 2011 at 4:41 PM, M A Prasad <pras...@gmail.com> wrote:

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[Kapaleeswaran V]

IOB is paying this

On Sat, Nov 19, 2011 at 4:41 PM, M A Prasad <pras...@gmail.com> wrote:

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