INTEREST RATES OFFERED BY OBU  w.e.f. 01st Jan 2009 (Subject to change)

             (Percent per Annum)

Currency


Maturity upto

For Amounts upto 50000

For amounts over 50000

US DOLLAR 15 days to less than 1 month - 2.32*
  1 month to less than 3 months - 2.90*
  3 months to less than 6 months 3.16 3.21
  6 months to less than 9 months 3.54 3.59
  9 months to less than 1 year 3.63 3.68
  1 year to less than 2 years 3.72 3.77
   2 years to less than 3 years 3.07 3.12
  3 years to less than 4 years 3.34 3.39
   4 years to less than 5 years 3.58 3.64
   5 years only 2.76 3.82

            

Currency


Maturity upto

For Amounts upto 30000

For amounts over 30000

GBP

15 days to less than 1 month - 4.06*
  1 month to less than 3 months - 4.16*

 

 
3 months to less than 6 months 4.76 4.81
  6 months to less than 9 months 4.89 4.94
  9 months to less than 1 year 4.93 4.98
  1 year to less than 2 years 4.97 5.02
   2 years to less than 3 years 4.05 4.10
  3 years to less than 4 years 4.24 4.29
   4 years to less than 5 years 4.42 4.47
   5 years only 4.55 4.60

            

Currency


Maturity upto

For Amounts upto 50000

For amounts over 50000

EURO

15 days to less than 1 month - 4.08*
  1 month to less than 3 months - 4.46*

 

3 months to less than 6 months 4.70 4.75
  6 months to less than 9 months 4.75 4.80
  9 months to less than 1 year 4.78 4.83
  1 year to less than 2 years 4.81 4.86
   2 years to less than 3 years 3.96 4.01
  3 years to less than 4 years 4.06 4.11
   4 years to less than 5 years 4.17 4.22
   5 years only 4.28 4.33

 

   
   Minimum Deposit Amount – USD 5,000 or its equivalent.
   Premature withdrawal of deposits permitted with penalty of 0.50%.
   Tax Deductable at Source as per rules.  
 

 Half Yearly compounding of interest.

   Deposits are at fixed rate of interest.
 

 Additional interest can be considered on single deposit of USD 1 Million and above or

 equivalent.

   Please confirm above rates of interest before placing the deposits.

 *For deposits of USD,GBP ,EURO 250,000 and above.