Fixed Deposit Rates

Deposit Rates Effective of 27th December, 2021: callable deposit

Period

Deposits for less than INR
20 million

Deposits for INR 20 million
and more

7 days to 14 days

3.30%

3.30%

15 days – 1 month

3.30%

3.30%

Above 1 month – 2 months

3.40%

3.40%

Above 2 month – 3 months

3.65%

3.65%

Above 3 months – 4 months

3.75%

3.75%

Above 4 months – 6 months

3.90%

3.90%

Above 6 months – 9 months

4.15%

4.15%

Above 9 months –< 1 Year

4.30%

4.30%

1 Year and above

4.50%

4.50%

Deposit Rates Effective of 27th December, 2021: Non- callable deposit

Period

Deposits for INR 20 million
and more

7 days to 14 days

3.30%

15 days – 1 month

3.30%

Above 1 month – 2 months

3.60%

Above 2 month – 3 months

3.75%

Above 3 months – 4 months

3.85%

Above 4 months – 6 months

4.05%

Above 6 months – 9 months

4.30%

Above 9 months –< 1 Year

4.50%

1 Year and above

4.75%

For deposits of over INR 100 million please contact QNB India Treasury

In case of premature withdrawal of deposits of callable deposit the bank has fixed a penalty of 1% across all tenor.

The interest rate applicable will be 1% below the rate applicable at the time of fixed deposits for the period the deposit has remained with QNB India or 1% below the contracted rate whichever is lower. No interest will be paid on QNB India Fixed deposit which remain for a period of less than seven days.

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