| TIME DEPOSIT INTEREST RATES | |||||||
|---|---|---|---|---|---|---|---|
| PLACEMENT | TERM IN DAYS | ||||||
| FROM | TO | 30-59 | 60-89 | 90-179 | 180-359 | 1 year | more than 1 year |
| 10,000.00 | 50,000.00 | 2.13 | 3.00 | 3.46 | 3.79 | 4.25 | X |
| 50,000.00 | 100,000.00 | 2.49 | 3.10 | 3.63 | 4.22 | 4.25 | X |
| 100,000.01 | 500,000.00 | 2.79 | 3.10 | 4.24 | 4.50 | 4.50 | 4.50 |
| 500,000.01 | 1,000,000.00 | 3.09 | 3.45 | 4.50 | 5.00 | 5.00 | 5.00 |
| 1,000,000.01 | & above | 3.50 | 3.50 | 4.80 | 5.40 | 5.40 | 5.40 |
- Note:
- a. Interest rate is subject to 20% withholding tax.